What was the average $ order size bought from the last catalog across all 96,551 customers? 2.56$ Descriptive Statistics | | N | Minimum | Maximum | Mean | Std. Deviation | Dollars ordered from last catalog | 96551 | 0 | 6249 | 2.56 | 29.417 | Valid N (listwise) | 96551 | | | | | 3. What was the average $ order size bought from the last catalog across those who bought? (Hint: Use Analyze… reports….case summaries) 104.24$ Case Summaries | Dollars ordered from last catalog | Bought from last catalog | N | Mean | no | 94180 | .00 | yes | 2371 | 104.24 | Total | 96551 | 2.56 | 4.
$460 B. $430 C. $610 D. $960 P9-2: Net Realizable Net Realizable Value Less a Designated Final Replacement Sales Value Profit Margin Normal Market Inventory Cost Cost Price (Ceiling) (Floor) Profit Value Value Aluminum siding 70,000 62,500 64,000 56,000 50,900 5,100 56,000 56,000 Cedar shake siding 86,000 79,400 94,000 84,800 77,400 7,400 79,400 79,400 Louvered glass doors 112,000 124,000 186,400 168,300 149,800 18,500 149,800 149,800 Thermal windows 140,000 126,000 154,800 140,000 124,600 15,400 126,000 126,000 Total $408,000 $391,900 $499,200 $449,100 402,700 $46,400 411,200 411,200 (a) (1) Allowance to Reduce Inventory to Market should be Dr. of 30,700. This will
b. Using the data developed in (2a) above, compute the amount of manufacturing overhead cost per pound of the Kenya Dark coffee and the Viet Select coffee. Round all computations to the nearest whole cent. c. Determine the unit product cost of one pound of the Kenya Dark coffee and one pound of the Viet Select coffee. Mark-up = 25% | Kenya Dark Coffee | Viet Select Coffee | Selling Price | $6.35 | $6.30 | Unit Product Cost | $5.08 | $5.04 | Profit Margin | $1.27 | $1.26 | (In Percent) | 25% | 25% | 3.
For example, you might go to the store one day and buy a toothbrush for a $1.50. If you go again a few weeks later and the toothbrush is now $2.00 then inflation has increased. Imagine that you are considering moving to a new country and looking for a job there, but you first want to make sure the country has a strong economy. Describe at least three economic factors that you would want to research as evidence of the economy's strength or weakness, and explain how each factor would affect your decision to move there. (4-6 sentences.
Kwik Lube Case Study Compute the loss for Kwik Lube stations during the last two years using trend analysis. How accurate can results claim to be? With a -.01 bias and a negligible tracking symbol, the forecast analysis substantiates Dick Johnson’s assertion that the presence of competition cut directly into Kwik Lube’s profit. A trend analysis was conducted and projects sales in the amount of $1,419,445 and $1,530,445 for 2006 and 2007, respectively. Comparing the gross sales forecast to actual sales, this results in a loss of $309,445 in 2006 and $420,445 in 2007.
Using the following calculation, we find: z= x- μ σ -1.96 = 10,000 – 20,000 σ σ=5102 Standard deviation σ = 5,102 μ = 20,000 mean 2. Stock outs were calculated by the four management numbers. Equation is: z = (x – μ)/ σ 15,000: Z = (15,000-20,000)/5102 z = -0.98 Then, reference the cumulative probabilities for standard deviation table in the beginning of the book to identify what -0.98 represents, which is .1635. Since stock outs are any quantity greater than what management suggested, they need to be subtracted from 1. 1 - .1635 = .8365 which = 83.65% Same logic/steps for the rest of the values: 18,000 24,000 28,000 Z = (18,000-20,000)/5102 z=(24,000-20,000)/5102 z=(28,000-20,000)/5102 z = -.39 z=.78 z= 1.57 1 - .3483 = .6517 1 - .7823 = .2177 1 –.9418 = .0582 which = 65.17% which = 21.77% which = 5.82% 3.
2) Case Shipments = -80,315.68 + 996.56*49 + 3877.95*113 + .096*960,000 + .076*154,455 - .048*345,028.8 - .02*368,337.5 = 483,432 Standard Error = 34,733.12 given by Excel Confidence Interval of 95% -> T Value of 97.5% for 42 degrees of freedom is 2.018 2.018 * 34,733.12 * SQRT (1 + (1/48)) = 70,818 95% Confidence Interval = Estimate +/- Standard Error*T-Value*SQRT(1+(1/n)) The 95% Confidence Interval is from 412,614 and 554,250 cases. 3) $1 invested into the Dealer Allowance would increase current sales by .076 cases and decrease sales in two months by .02 cases, resulting in a net increase of .056 cases. Assuming that Harmon Foods is able to sell their cereal for $2/pack, the value of a case is $48 ($2 * 24 packs/case). Therefore, $1 invested in Dealer Allowance equates to $2.69 in added sales revenue (assuming all other
Question 1 : What is the break-even volume in units? In sales dollars? 1) Normal Volume 3,000 units 2) Selling Price @ Unit Price $4,350 3) Contribution Margin per unit = Unit Price - Unit Variable Costs $4,350 - $2,070 $2,280 4) Contribution Percent $2,280 / $4,350 0.524138 5) Unit Variable Cost $550 + $825 + $420 + $275 $2,070 6) Unit Fixed Cost $660 + $770 $1,430 7) Total Fixed Cost (TFC) = Unit Fixed Cost * Normal Volume $1,430 * 3,000 $4,290,000 8) Break-even Volume (in units) = Fixed Cost / Unit Contribution $4,290,000 / $2,280 1,882 unit 9) Break-even Volume (in sales) = Fixed Cost / Contribution Percent $4,290,000 / 0.524138 $8,184,867 Question 2 : Market research estimates that monthly volume could increase to 3,500 units, which is well within hoist production capacity limitations, if the price were cut from $4,350 to $3,850 per unit. Assuming the cost behavior patterns implied by he data in Exhibit 1 are correct would you recommend that this action be taken? What would be the impact on monthly sales cost, and income?
If Pentex’s gross margin as a percentage of sales for September was 10%, Marbro’s gross margin as a percentage of sales for the same period was: 10% 5% 20% Cannot be calculated 6. When an entity recognizes revenue before it has received cash for the sale, it records an increase in a(n): assets liabilities expenses none of the above 7. Juan Foods pays off a long-term debt in full. Which one of the following statements describes
Installment loan. Feedback That’s incorrect. A manufacturer with seasonal sales would be most likely to obtain an unsecured short-term term loan from a commercial bank to finance the need for a fixed amount of additional capital during the busy season. Question 3 of 100 (2A2-CQ09) Maydale Inc.’s financial statements show the following information. Flag for Review http://imalc.mycrowdwisdom.com/diweb/?wicket:bookmarkablePage=:com.digitalignite.mo... 4/9/2013 Digital Ignite :: Test Engine Page 2 of 54 Maydale’s accounts receivable turnover ratio is