Next, each item commitment quantity was calculated using its contribution margin and its total contribution in dollar to the revenue of the company. For e.g. if an item had a margin of $15 if sold, and $5 loss if not sold, the commitment value would be 0.75. Hence the optimal stock to keep would be three quarters of the probability of demand. If for instance, the corresponding error for 0.75 is 1.3, the optimal stock to keep for that item would be 1.3 * frozen forecast.
158,012 tons per yr. of carbon dioxide What are the U.S. average household emissions? 31,308 lbs. per month What was your reduced emissions? 1,473 tons of c02 emissions Household Emissions Savings (Answers can be found above bar graphs If you took all actions you would reduce annual emissions by: 1,473 tons of c02 emissions If you took all actions your potential dollar savings would be: $78.00 per yr. Your new total annual estimated CO2 emissions: 156,539 lbs.
To determine the breakeven first we must divide the total variable cost by the number of projected units to be manufactured. This will allow me to determine the VCU. $512,800.00 | TOTAL VARIABLE COST | 18,000 | TOTAL BUDGETED UNITS | $28.49 | VARIABLE COST PER UNIT | Next we determined the selling price per unit by dividing the total sales by the budgeted units. $864,000.00 | TOTAL BUDGETED SALES | 18000 | TOTAL BUDGETED UNITS | $48.00 | SELLING PRICE PER UNIT | | | With this information we are now able to determine the unit contribution margin by subtracting variable cost per unit from the selling price per unit. $48.00 | SELLING PRICE PER UNIT | $28.49 | VARIABLE COST PER UNIT | $19.51 | UNIT CONTRIBUTION MARGIN | Finally to determine the breakeven point you divide the Total Fixed cost by the Unit Contribution Margin.
Explain your answer both graphically and in words. 1 B. Essay and Problem Solving 3. Suppose the demand curve for a good is given by the following equation: P = 500 – ¼Q. The supply curve is given by: P = 100 + ½Q , where P measures the price of the good (measured in dollars per unit) and Q represents the quantity of the good (measured in units per week).
I will provide you with analysis on each of the independent variables listed above in order. My analysis will include a null and alternate hypothesis. The hypothesis will be based on a 0.05 significance level. A 0.05 significance level means that I will be 95% certain of the results. I will start by evaluating the variables independently followed by the most significant variables (collectively) that affect the selling price of Ford Mustangs.
LP will earn extra profit of $28,500 on this order and production done on low peak seasonal. 2. What assumptions did you make in calculating the incremental cost in Question 1? What additional information would be helpful in making these calculations? Assumptions did we make in this calculating the incremental cost in question 1 is plant overhead, administrative and selling expenses are fixed
City University London Intermediate Macroeconomics 1 Coursework Joe Pearlman Question 1: Consider a representative agent with a utility function: U (C, l) = C 1/2 + l1/2 that he or she maximises subject to a constraint: C = w (h − l) − T + π where w, h, l, C, T , and π are wages and hours of time available, leisure, consumption, taxes, and dividend income. The production function for this economy is linear so that in equilibrium w = z, and the Production Possibilities Frontier is C = z (h − l) − G . To make the calculations easier assume h=1, z = 1. a) Find the Marginal Rate of Substitution. (4 marks) b) Find the Marginal Rate of Transformation. (4 marks) c) Setting MRS=MRT, solve the resulting equation algebraically for l as a function of G. (6 marks) d) What happens to consumption, wages and output as G increases?
Cost, Volume, and Profit Formulas There are five components of CVP (cost-volume-profit) analysis; 1. volume or level of activity 2. unit selling prices 3. variable cost per unit 4. total fixed costs 5. sales mix Each component are import to the CVP, volume or level of activity can be explain as sales of a product or the number of units sold. Unit selling prices is the amount the product is sold. An example of this is a department store is selling two ties for $20 dollars, then the unit price of each tie is $10 dollars. The variable cost per unit is how much does it really take to make a product. Such as the tie is selling for ten dollars per unit but it only cost two dollars in materials to make.
Write the equation in function notation. Explain what the graph of the function represents. Be sure to use complete sentences. F(x) =-2/3x=400 The graph would represent the profit of the company. If the equation represents the profit the graph would just illustrate that.
The schedule of cost of goods sold shows the cost of goods manufactured will positively affect the number cost of goods sold, reducing $40,000 labor cost eventually save $40,000 of cost of goods sold. In the income statement, we found net income is significantly affected by product sales and cost. When sales and other expenses stay the same as and cost of goods sold are reduced $40,000, net income increases from $30,750 to $55,490. In addition, we can also estimate the future expected net income for a company by calculating current actual income and probability of sales revenue increase or decrease percentage. Higher probability with a positive percentage of sales revenue will result a higher expected