Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs:

	Fixed Cost per Month			Cost per Car Washed
Cleaning supplies				$	0.60
Electricity	$	1,300		$	0.06
Maintenance				$	0.20
Wages and salaries	$	4,200		$	0.30
Depreciation	$	8,500
Rent	$	2,100
Administrative expenses	$	1,700		$	0.03

For example, electricity costs are $1,300 per month plus $0.06 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.80 per car washed.

The actual operating results for August appear below.

Lavage Rapide
Income Statement
For the Month Ended August 31
Actual cars washed		8,500
Revenue	$	59,220
Expenses:
Cleaning supplies		5,540
Electricity		1,774
Maintenance		1,920
Wages and salaries		7,080
Depreciation		8,500
Rent		2,300
Administrative expenses		1,852
Total expense		28,966
Net operating income	$	30,254

Required:

Prepare a flexible budget performance report that shows the company’s revenue and spending variances and activity variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

	Lavage Rapide Flexible Budget Performance Report For the Month Ended August 31 Actual Results Flexible Budget Planning Budget Cars washed 8,500 Revenue $59,220 Expenses: Cleaning supplies 5,540 Electricity 1,774 Maintenance 1,920 Wages and salaries 7,080 Depreciation 8,500 Rent 2,300 Administrative expenses 1,852 Total expense 28,966 Net operating income $30,254

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs:

	Fixed Cost per Month			Cost per Car Washed
Cleaning supplies				$	0.60
Electricity	$	1,300		$	0.06
Maintenance				$	0.20
Wages and salaries	$	4,200		$	0.30
Depreciation	$	8,500
Rent	$	2,100
Administrative expenses	$	1,700		$	0.03

For example, electricity costs are $1,300 per month plus $0.06 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.80 per car washed.

The actual operating results for August appear below.

Lavage Rapide
Income Statement
For the Month Ended August 31
Actual cars washed		8,500
Revenue	$	59,220
Expenses:
Cleaning supplies		5,540
Electricity		1,774
Maintenance		1,920
Wages and salaries		7,080
Depreciation		8,500
Rent		2,300
Administrative expenses		1,852
Total expense		28,966
Net operating income	$	30,254

Required:

Prepare a flexible budget performance report that shows the company’s revenue and spending variances and activity variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

	Lavage Rapide Flexible Budget Performance Report For the Month Ended August 31 Actual Results Flexible Budget Planning Budget Cars washed 8,500 Revenue $59,220 Expenses: Cleaning supplies 5,540 Electricity 1,774 Maintenance 1,920 Wages and salaries 7,080 Depreciation 8,500 Rent 2,300 Administrative expenses 1,852 Total expense 28,966 Net operating income $30,254

You manage the shipping of item #A452 from your supplier. The shipments for this item are delivered to the nearest port, and you have to transport them to the distribution center. You have two options, truck load (TL) and less than truck load (LTL).

Your company needs 5000 units of #A452 per year and it is purchased at a price of $36 per unit. Each order costs $90. Your company uses a holding charge of 0.1, a cycle service level of 90% and 365 days per year for planning purposes.

The truck load (TL) option costs $1200 per load. It takes 4 days to deliver and each truck can carry up to 1300 items.

The less than truck (LTL) load option costs $2.0 per item. It takes 6 days to deliver.

You have three options,

OPTION A: to use the TL option and delivery full truck loads,

OPTION B: to use the TL option and delivery the economic order quantity

OPTION C: to use LTL option and deliver the economic order quantity.

For all following parts, consider transportation costs as an item cost unless otherwise specified. i.e., the total variable cost of #A452 in the Full truckload is $1200/1300items + $36/item = $36.9230769231/item.

What is the sum of average pipeline and cycle inventory, ordering, and purchase costs for option A? Please provide your answers rounded to the closest dollar. (Please note that the answer is 184828, or near, is just i do not know how to compute it. Please kindly show your working here.)

As a computer and networking consultant to small businesses, you are frequently asked to find solutions to increasing demands for network and Internet access at a business. One business rents offices in a historical building that has strict rules for wiring. They have come to you asking for a solution for providing Wi-Fi access to their guests in the lobby of the building. Research options for a solution and answer the following questions: 1. Print or save webpages showing two options for a Wi-Fi wireless access point that can mount on the wall or ceiling. For one option, select a device that can receive its power by PoE from the network cable run to the device. For the other option, select a device that requires an electrical cable to the device as well as a network cable. 2. Print or save two webpages for a splitter that can be mounted near the second wireless access point that splits the power from data on the network cable. Make sure the power connectors for the splitter and the access point can work together. 3. To provide PoE from the electrical closet on the network cable to the wireless access point, print or save the webpage for an injector that injects power into a network cable. Make sure the voltage and wattage output for the injector are compatible with the needs of both wireless access points. 4. You estimate the distance for network cabling from the switch to the wireless access point is about 200 feet (61 meters). What is the cost of 200 feet of PVC CAT-6a cabling? For 200 feet of plenum CAT-6a cabling? For 200 feet of plenum CAT-7 cabling? 5. Of the options you researched, which option do you recommend? Using this option, what is the total cost of the Wi-Fi hotspot?

Requirement 1. What is the? company's contribution margin per? unit? Contribution margin? percentage? Total contribution? margin?

Begin by identifying the formula.

–

=

Contribution margin per unit

The contribution margin per unit is

?$nothing.

What is the? company's contribution margin? percentage?

Begin by identifying the formula.

(

/

) =

Contribution margin percentage

?(Round your answer to the nearest whole? percent.)

The contribution margin percentage is

nothing?%.

What is the? company's total contribution? margin?

Begin by identifying the formula.

–

=

Contribution margin

The total contribution margin is

?$nothing.

Requirement 2. What would the? company's monthly operating income be if the company sold

150 comma 000150,000

?units?

Use the following table to compute the operating income if

150 comma 000150,000

units are sold.

		$7.10
Less:

Requirement 3. What would the? company's monthly operating income be if the company had sales of

$ 4 comma 500 comma 000$4,500,000??

Use the following table to compute the operating income with sales totaling

$ 4 comma 500 comma 000$4,500,000.

?(Enter the contribution margin ratio to the nearest whole? percent.)

			%
Less:

Requirement 4. What is the breakeven point in? units? In sales? dollars?

Begin by identifying the formula.

(

+

) /

=

Breakeven sales in units

?(Round the breakeven point in units up to the nearest whole? unit.)

The? company's breakeven point is

nothing

units.

What is the breakeven point in sales? dollars?

Begin by identifying the formula.

(

+

) /

=

Breakeven sales in dollars

?(Round the breakeven point in sales dollars up to the nearest whole? dollar.)

The breakeven point in dollars is

?$nothing.

Requirement 5. How many units would the company have to sell to earn a target monthly profit of

$ 260 comma 400$260,400??

Begin by identifying the formula.

(

+

) /

=

Target sales in units

?(Round your answer up to the nearest whole? unit.)

In order to earn a monthly profit of

$ 260 comma 400$260,400?,

the company must sell

nothing

units.

Requirement 6. Management is currently in contract negotiations with the labor union. If the negotiations? fail, direct labor costs will increase by

99?%,

and fixed costs will increase by

$ 24 comma 400$24,400

per month. If these costs? increase, how many units will the company have to sell each month to break? even? ?(Round your answer up to the nearest whole? number.)

The new breakeven point is

nothing

units.??

Requirement 7. Return to the original data for this question and the rest of the questions. What is the? company's current operating leverage factor? (round to two? decimals)?

Begin by identifying the formula.

/

=

Operating leverage factor

?(Round your answer to two decimal? places.)

The operating leverage factor is

nothing.

Requirement 8. If sales volume increases by

66?%,

by what percentage will operating income? increase? ?(Round the percentage to one decimal? place.)

The operating income will increase by

nothing?%.

Requirement 9. What is the? company's current margin of safety in sales? dollars? What is its margin of safety as a percentage of? sales?

Begin by identifying the formula.

-

=

Margin of safety in dollars

The current margin of safety is

?$nothing.

What is its margin of safety as a percentage of? sales?

Begin by identifying the formula.

/

=

Margin of safety percentage

?(Round the percentage to the nearest whole? percent.)

The margin of safety as a percentage of sales is

nothing?%.

Requirement 10. Say the company adds a second line of flash drives? (32 GB in addition to 16? GB). A unit of the 32 GB flash drives will sell for

$ 50$50

and have variable cost per unit of

$ 28$28

per unit. The expected sales mix is

fourfour

of the small flash drives? (16 GB) for every one large flash drive? (32 GB). Given this sales? mix, how many of each type of flash drive will the company need to sell to reach its target monthly profit of

$ 260 comma 400$260,400??

Is this volume higher or lower than previously needed? (in Question? 5) to achieve the same target? profit? Why?

Begin by computing the? weighted-average contribution margin per unit. ?(Round all amounts to the nearest? cent, $X.XX.)

		16 GB	32 GB	Total
Less:
Weighted average contribution margin per unit

Given this sales? mix, how many of each type of flash drive will the company need to sell to reach its target monthly profit of

$ 260 comma 400$260,400??

?(Round new target sales in units up to the next whole unit. Round units of the smaller drives and larger units to the nearest whole? unit.)

The new target sales in units is

nothing.

The company will need to sell

nothing

units of the smaller drives and

nothing

units of the larger units.

Is this volume higher or lower than previously needed? (in Question? 5) to achieve the same target? profit? Why?

The target sales is

?

higher than

lower than

the same as

before because now the company is selling a product with

?

a much higher

a much lower

the same

unit contribution margin.

You purchase a house that costs $625,000 with an 8%, 30-year mortgage. You make a 20% down payment to avoid PMI insurance. 1. What is your monthly payment? 2. Amortize the first and second payments. 3. What is the mortgage balance after 5 years? 4. What percentage of the principal is paid off after 5 years? 5. Suppose after 5 years you refinance at 6% the remaining balance at a cost of $10,000, for 30 years. What is your new monthly payment? 6. Further, suppose you maintain the same payments as in (1), i.e. pre-pay on the principal, how many YEARS until you payoff the mortgage? show work please

The Greensboro Performing Arts Center (GPAC) has a total capacity of 8,600 seats: 2,400 center seats, 2,900 side seats, and 3,300 balcony seats. The budgeted and actual tickets sold for a Broadway musical show are as follows:

				Percentage Occupied
	Ticket Price			Budgeted Seats			Actual Seats
Center	$	85			90	%		95	%
Side		75			80			85
Balcony		65			85			75

The actual ticket prices were the same as those budgeted. Once a show has been booked, the total cost does not vary with the total attendance.

Required:

Compute the following for the show:

3-a. The total sales mix variance.

3-b. The total sales quantity variance.

4. The total sales volume variance.

Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.26 percent. Selected operating data for the three divisions follow:  

		Peak		View		Grand
Sales revenue	$	337,000	$	226,000	$	307,000
Cost of goods sold		205,000		111,000		199,000
Miscellaneous operating expenses		40,000		32,000		36,000
Average invested assets		1,350,000		960,000		1,075,000
1. Compute the return on investment for each division. (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.)) 2. Compute the residual income for each division. (Loss amounts should be indicated by a minus sign. Round your answers to nearest whole dollar.)

Corporation is conducting a time-driven activity-based costing study in its Tech Support Department. The company has provided the following data to aid in that study:

Jahnel Corporation
Tech Support Department
Data Inputs
Resource Data:
Number of employees		7
Average salary per employee	$	43,200
Weeks of employment per year		50
Minutes available per week (40 hours × 60 minutes)		2,400
Practical capacity percentage		90	%

Activity Data:	Routing Calls	Resolving Problems	Preparing Change Orders
Minutes per unit of the activity	14	22	34

On the Customer Cost Analysis report in time-driven activity-based costing, the time-driven activity rate for Resolving Problems would be closest to: