Questions
Determine the amount of sales (units) that would be necessary under Break-Even Sales Under Present and...

Determine the amount of sales (units) that would be necessary under

Break-Even Sales Under Present and Proposed Conditions

Darby Company, operating at full capacity, sold 106,650 units at a price of $66 per unit during the current year. Its income statement for the current year is as follows:

Sales $7,038,900
Cost of goods sold 3,476,000
Gross profit $3,562,900
Expenses:
Selling expenses $1,738,000
Administrative expenses 1,738,000
Total expenses 3,476,000
Income from operations $86,900

The division of costs between fixed and variable is as follows:

Variable Fixed
Cost of goods sold 70% 30%
Selling expenses 75% 25%
Administrative expenses 50% 50%

Management is considering a plant expansion program that will permit an increase of $594,000 in yearly sales. The expansion will increase fixed costs by $59,400, but will not affect the relationship between sales and variable costs.

Required:

1. Determine the total variable costs and the total fixed costs for the current year. Enter the final answers rounded to the nearest dollar.

Total variable costs $
Total fixed costs $

2. Determine (a) the unit variable cost and (b) the unit contribution margin for the current year. Enter the final answers rounded to two decimal places.

Unit variable cost $
Unit contribution margin $

3. Compute the break-even sales (units) for the current year. Enter the final answers rounded to the nearest whole number.
units

4. Compute the break-even sales (units) under the proposed program for the following year. Enter the final answers rounded to the nearest whole number.
units

5. Determine the amount of sales (units) that would be necessary under the proposed program to realize the $86,900 of income from operations that was earned in the current year. Enter the final answers rounded to the nearest whole number.
units

6. Determine the maximum income from operations possible with the expanded plant. Enter the final answer rounded to the nearest dollar.
$

7. If the proposal is accepted and sales remain at the current level, what will the income or loss from operations be for the following year? Enter the final answer rounded to the nearest dollar.
$

8. Based on the data given, would you recommend accepting the proposal?

  1. In favor of the proposal because of the reduction in break-even point.
  2. In favor of the proposal because of the possibility of increasing income from operations.
  3. In favor of the proposal because of the increase in break-even point.
  4. Reject the proposal because if future sales remain at the current level, the income from operations will increase.
  5. Reject the proposal because the sales necessary to maintain the current income from operations would be below the current year sales.

In: Accounting

Two financial assets with gross return (R1, R2) are jointly normally distributed. E(R1) = 1.06 and...

Two financial assets with gross return (R1, R2) are jointly normally distributed. E(R1) = 1.06 and E(R2) = 1.12. V ar(R1) = 0.03, V ar(R2) = 0.04, and Cov(R1, R2) = 0.025. Draw the mean-variance frontier formed by the two assets. Mark the minimum variance. Notice that the mean of portfolio formed by these two assets falls in the interval of [1.06, 1.12].

In: Finance

Research and develop a MS Word document of at least 2000 words that: 1) Discusses a...

Research and develop a MS Word document of at least 2000 words that:

1) Discusses a renewable/sustainable energy project in the U.S.

2) The paper must include the background/history of the project. Who are the champions of the project? Who are the beneficiaries of the project? Is there an economical impact? Your opinion of the sustainability of the project.

3) State whether you are for or against the the effort and why.

4) Write a one or two paragraph conclusion stating what would you say to a decision maker to persuade them.


research on the renewable energy project that was established in USA. like solar energy, hydro enegry.

In: Operations Management

ROBIN HOOD It was in the spring of the second year of his insurrection against the...

ROBIN HOOD

It was in the spring of the second year of his insurrection against the High Sheriff of Nottingham that Robin Hood took a walk in Sherwood Forest. As he walked, he pondered the progress of the campaign, the disposition of his forces, the Sheriff’s recent moves, and the options that confronted him.

The revolt against the Sheriff had begun as a personal crusade, erupting out of Robin’s conflict with the Sheriff and his administration. However, alone, Robin Hood could do little. He therefore sought allies; men with legitimate grievances and a strong sense of justice. Later, he welcomed all who came, asking few questions and demanding only a willingness to serve. Strength, he believed, lay in numbers.

He spent the first year forging the group into a disciplined band, united in their hatred against the Sheriff, and willing to live outside the law. The band’s organization was simple. Robin ruled supreme, making all of the important decisions. He delegated specific tasks to his trusted lieutenants. Will Scarlett was in charge of intelligence and scouting. His main job was to shadow the Sheriff and his men, always alert to their next move. He also collected information on the travel plans of rich merchants and tax collectors. Little John kept discipline among the men and saw to it that their skills in archery were at the high peak that their profession demanded. Scarlock took care of finances, converting loot to cash, paying shares of the take, and finding a suitable hiding place for the surplus. Finally, Munch the Miller’s son had the difficult task of provisioning the ever-increasing band of Merrymen.

The increasing size of the band was both a source of satisfaction and concern for Robin. The fame of his Merrymen was spreading, and the new recruits were pouring in from every corner of England. As the band grew larger, their small bivouac became a major encampment. Between raids the men milled about, talking and playing games. Vigilance was in decline, and discipline was getting harder to enforce. “Why,” Robin reflected, “I don’t even know half the men I run into these days.”

The growing band was also beginning to exceed the food capacity of the forest. Game was getting scarce, and supplies had to be obtained from outlying villages. The cost of buying food was beginning to exceed the band’s financial reserves at the very time moment that revenues were in decline. Traveler’s, especially those with the most to lose were now giving Sherwood Forest a wide berth. This was costly and inconvenient to them, but it was preferable to having all of their goods confiscated. Robin believed that the time had come for the Merrymen to change their policy of outright confiscation of goods to one of a fixed transit fee. His lieutenants strongly resisted the idea. They were proud of the Merrymen’s famous motto: “Rob from the rich to give to the poor.” “The farmers and the townspeople,” they argued “are our most important allies.” “How can we tax them and still hope for their help in our fight against the evil Sheriff of Nottingham?”

Robin wondered how long the Merrymen could keep the ways and methods of their early days. The Sheriff was growing stronger and becoming better organized. He now had the money and the men and was beginning to harass the band, probing for weaknesses. The tide of events was beginning to turn against the Merrymen. Robin felt that the campaign must be decisively concluded before the Sheriff had a chance to deliver a mortal blow. “But how,” we wondered, “could this be done?”

Robin had entertained the possibility of killing the Sheriff, but the chances for this seemed increasingly remote. Besides, killing the Sheriff might satisfy his personal thirst for revenge, but would not improve the situation. Robin had hoped that the perpetual state of unrest, and the Sheriff’s failure to collect taxes, would lead to his removal from office. Instead, the Sheriff used his political connections to obtain reinforcements. He had powerful friends at court and was well regarded by the regent, Prince John.

Prince John was vicious and volatile. He was consumed by his unpopularity among the people, who wanted the imprisoned King Richard back. He also lived in constant fear of the barons, who had first given him the regency but were now beginning to dispute his claims to the throne. Several of the barons had set out to collect the ransom that would release Richard the Lionhearted from his jail in Austria. Robin was invited to join the conspiracy in return for future amnesty. It was a dangerous proposition. Provincial banditry was one thing; court intrigue quite something else. Prince John had spies everywhere, and he was known for his vindictiveness. If the conspirator’s plan failed, the pursuit would be relentless and retributions swift.

The sound of the supper horn startled Robin from his thoughts. There was the sweet smell of Bambi Bourguignon in the air. Nothing was resolved or settled. Robin headed for camp promising himself he would give these matters his utmost attention after tomorrow’s raid.

Will continue Robin Hood case discussion in class. Think of following discussion questions:

- What is the purpose of strategy? (in general terms)

- What strategic problems does Robin Hood have?

- What is the role of the organizational leader as strategist and articulator of global goals?

- What are some issues in this organization's external environment?

- How do stakeholder values or culture influence strategy making?

- What strategy can Robin Hood implement?

In: Psychology

Explain basic employee motivation strategies.

Explain basic employee motivation strategies.

In: Operations Management

What were some of the initiatives of the Great Society? Discuss examples of Great Society programs...

What were some of the initiatives of the Great Society? Discuss examples of Great Society programs directed to address: a. the poverty of families, children and the elderly; b. racial discrimination and civil rights; and c. access to health care d. educational opportunity for various groups

In: Psychology

Why a company would consider going public? What are some of the advantages and disadvantages? Attention:...

Why a company would consider going public? What are some of the advantages and disadvantages?

Attention: Explain. Please answer in the form of paragraph, no bullet points or numerical and I will rate. Thank you in advance!

In: Operations Management

An Armstrong number is an integer such that the sum of the cubes of its digits...

An Armstrong number is an integer such that the sum of the cubes of its digits is equal to the number itself. For example, 371 is an Armstrong number since 3**3 + 7**3 + 1**3 = 371.

Write a C function to print all Armstrong numbers between a given interval. Then write a C program to keep reading two integers and print all Armstrong numbers between these two integers by calling that function.

In: Computer Science

Your personality is a relatively enduring set of characteristics that define your individuality and affect your...

Your personality is a relatively enduring set of characteristics that define your individuality and affect your interactions with the environment.

  • Define: Differential continuity, Intra-individual variability, and Mean-level change.
  • How do Continuity, Change, and Variability co-exist?
  • How have your personality traits changed over time? What about an older adult in your life – have you observed personality trait changes in these individuals?

Use outside sources to support your answer

In: Psychology

There is a choice between a Roth IRA and a Traditional IRA. Lately there is also...

There is a choice between a Roth IRA and a Traditional IRA. Lately there is also expanding offering of Roth retirement plans through employers as well.  

What should drive someone's decision as to whether to choose a Roth option or a traditional option? Do you think people make good decisions on these lines? Is offering both alternatives a good idea or does it just make the choices too complex?

In: Finance

Ex : Each of the following questions is about event processing. Mark T if the question...

Ex : Each of the following questions is about event processing. Mark T if the question is valid, otherwise F.
(1) Subclasses of EventObject on components handle special types of events such as action, window, component, mouse, and key events ( )
(2) Source objects activate events, event-related objects handle events, and event-related objects are called risers ( )
(3) For all event types, the riser interface is usually named XListener for Xevent (except for MouseMotionListener) ( )
(4) e.getSource() may be used to determine if the source object is a button, check box, or radio button ( )
(5) Since the riser class is not shared by other applications, it is appropriate to be defined inside the frame as an internal class ( )
(6) Since all methods within the riser interface are abstract and require implementation of all methods, classes called adapters are provided for convenience ( )

Please solve the problem. and Please Let me explain the process.

Thank you:)

In: Computer Science

Draw or describe the memory space for a process. What happens in the New state? List...

  1. Draw or describe the memory space for a process.
  2. What happens in the New state?
  3. List three general categories of information in a process control block.
  4. Why are two modes (user and kernel) needed?

Please show all work and thought process

In: Computer Science

Using Pass-by-Reference for Out Parameters Write a single function that counts the number of positive, negative...

Using Pass-by-Reference for Out Parameters Write a single function that counts the number of positive, negative and zero values in an integer array. Return the number of positive values, the number of negative values and the number of zero values. Use pass-by-reference to use parameters as “out parameter”: these are variables passed by reference into a function with the purpose of holding the result of the function after it terminates. Your function should have the following declaration: void countPosNegZero(int array[], int numElements, int &positive, int &negative, int &zero); where array is the array with the values, numElements is the number of elements in the array, positive will hold the number of positive values in the array, negative will hold the number of negative values in the array and zero will hold the number of zero values in the array. Add a test-main function that tests your program with several different arrays (use the rand() method to create arrays with random values ranging over negative and positive values).

c++

In: Computer Science

(a) Find a canonical cover for the FDs of the following table. (b) Put the table...

(a) Find a canonical cover for the FDs of the following table. (b) Put the table into 3NF.

T(A, B, C, D, E)

B --> CD

CD --> A

BC --> A

CD --> E

B --> E

In: Computer Science

Daoism has a number of sects. List and describe some of them.

Daoism has a number of sects. List and describe some of them.

In: Psychology