You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Number of visits 10,000 Utilities $ 2,500 Wages and benefits $220,000 Medical supplies $50,000 Rent $ 5,000 Administrative supplies $ 10,000 Depreciation $ 30,000 Assume that all costs are fixed except supplies costs, which are variable. a. What is the clinic’s underlying cost structure? b. What are the clinic’s expected total costs? c. What are the clinic’s estimated total costs at 7,500 visits? At 12,500 visits? d. What is the average cost per visit at 7,500, 10,000, and 12,500 visits?

Tatum Company has four products in its inventory. Information about the December 31, 2018, inventory is as follows: Product Total Cost Total Net Realizable Value 101 $ 154,000 $ 117,000 102 111,000 127,000 103 77,000 67,000 104 47,000 67,000 Required: 1. Determine the carrying value of inventory at December 31, 2018, assuming the lower of cost or net realizable value (LCNRV) rule is applied to individual products. 2. Assuming that inventory write-downs are common for Tatum Company, record any necessary year-end adjusting entry.

FIFO and LIFO Costs Under Perpetual Inventory System

The following units of a particular item were available for sale during the year:

The firm uses the perpetual inventory system, and there are 16 units of the item on hand at the end of the year.

a. What is the total cost of the ending inventory according to FIFO?
$

b. What is the total cost of the ending inventory according to LIFO?
$

Question 41 on chapter 7. Book Cost Management 7th edition.

Required Use 4 or more decimal places in your calculations. Allocate the $4350,000 total departmental costs to all three operating departments using (a) the direct method, (b) the step method, and 9c) the reciprocal method.

Write a function called price_of_rocks. It has no parameters. In a while loop, get a rock type and a weight from the user. Keep a running total of the price for all requested rocks. Repeat until the user wants to quit. Quartz crystals cost $23 per pound. Garnets cost $160 per pound. Meteorite costs $15.50 per gram. Assume the user enters weights in the units as above. Return the total price of all of the material. Using Python

For this discussion, you should first write pseudocode for how you would solve this problem

Please write the Pseudocode for this problem.

Demand /yearly = 12,000, S = $16, and H =10% of the Price

Offer. Discount Quantity, Discount (%), Discount Price (P)

1. 1 to 999, no discount, $5.00

2. 1,000 to 1,999, 4%, $4.80

3. 2,000 and over, 5%, $4.75

(a) Evaluate the number of computers that the store manager should order in each replacement lot.

(b) Maximum Inventory

(c) Average Inventory

(d) The total annual number of order cycles

(e) Length of the order cycle

(f) Average flow time

(g) Annual inventory-related cost (Yearly total cost)

FIFO and LIFO

Costs Under Perpetual Inventory System

The following units of an item were available for sale during the year:

Beginning inventory 47 units at $44

Sale 20 units at $68

First purchase 17 units at $47

Sale 33 units at $69

Second purchase 15 units at $48

Sale 7 units at $70

The firm uses the perpetual inventory system, and there are 19 units of the item on hand at the end of the year.

a. What is the total cost of the ending inventory according to FIFO?

b. What is the total cost of the ending inventory according to LIFO?

• ABC Corp. The company has fixed costs of $300,000. Total costs, both fixed and variable, are $378,000 when 40,000 units are produced. How much is the variable cost per unit? (Please round to the nearest cent.)

• The following information pertains to the ABC Corporation:

• How many units need to be sold in order to reach the target profit? (Round your final calculation to the nearest unit.)

FIFO and LIFO Costs Under Perpetual Inventory System

The following units of an item were available for sale during the year:

The firm uses the perpetual inventory system, and there are 51 units of the item on hand at the end of the year.

a. What is the total cost of the ending inventory according to FIFO?

b. What is the total cost of the ending inventory according to LIFO?

Suppose that the market demand for expensive steak dinners is given​ by:

Q = 1,000−10P​,

so that the marginal revenue​ is:

MR = 100−0.2Q​,

where Q is the number of steak dinners per day and P is the price of a dinner. The marginal cost and average total cost are both constant and equal to ​$40 per dinner.

Suppose that there is only one firm in the market.

Suppose that a second firm that produces identical steaks and has identical costs enters the market and acts according to the Cournot oligopoly model.

The equilibrium price is?

The total equilibrium quantity is how many dinners?

Each​ firm's economic profit is?