Reference no: EM13969646
Question 1- Sanborn, a manufacturer of electric roof vents, realizes a cost of $55 for every unit it produces. Its total fixed costs equal $2 million. If the company manufactures 500,000 units, compute the following:
a. unit cost
b. markup price if the company desires a 10 percent return on sales
c. ROI price if the company desires a 25 percent return on an investment of $1 million
Question 2- An interior decorator purchases items to sell in her store. She purchases a lamp for $125 and sells it for $225. Determine the following:
a. dollar markup
b. markup percentage on cost
c. markup percentage on selling price
Question 3- A Consumer purchases a toaster from a retailer for $60. The retailer% markup is 26 percent, and the wholesaler's markup is 15 percent, both based on selling price. For what price does the manufacturer sell the product to the wholesaler?
Question 4- A vacuum manufacturer base twat cost of $50 and wishes to achieve a margin of 30 percent based on selling price. If the manufacturer sells directly to a retailer who then adds a set margin of 40 percent based on selling price, determine the retail price charged to consumers.
Question 5- Advanced Electronics manufactures DVDs and sells them directly to retailers who typically sell them for $20. Retailers take a 40 percent margin based on the retail selling price. Advanced's cost information is as follows:
DVD package and disc $2.50/DVD
Royalties' $2.25/DVD
Advertising and promotion $500,000
Overhead $200,000
Calculate the following:
a. contribution per unit and contribution margin
b. break-even volume in DVD units and dollars
c. volume in DVD units and dollar sales necessary if Advanced's profit goal is 20 percent profit on sales
d. net profit if 5 million DVDs are sold.
Improving the security of the company software engineering
: Based on this information, write a memo to Mr. Jones with your findings and any recommendations you might have for improving the security of the company's software engineering practices
|
What are the main research questions of the article
: Why wouldn't a much simpler analysis (such as a OLS regression or comparison of averages) have given an accurate answer? What empirical techniques are used in the article? How do they solve econometric problems?
|
Millions of acres of forest land across the country
: The Federal government manages millions of acres of forest land across the country, but there are increasing pressures on the agencies to permit varying levels of commercial access to the timber, other resources, and the water flows. Should the go..
|
Derive the expressions for the ols estimates
: Derive the expressions for the OLS estimates of the parameters of the simple regression model, β0 and β1
|
Compute unit cost and markup price
: Sanborn, a manufacturer of electric roof vents, realizes a cost of $55 for every unit it produces. Its total fixed costs equal $2 million. If the company manufactures 500,000 units, compute the following: unit cost and markup price
|
Proposal including the nature of the project
: Your task for Week 5 is to prepare and hand-in a proposal including the nature of the project, the sources of information you plan to use, and the most important concepts and techniques to be applied. You will receive feedback on the proposal from..
|
What is the main economic issue
: How is the economic issue related to the concepts or models that you have learned from this course? What sorts of arguments/opinions have been discussed?
|
New poll with regard to the future of the canadian senate
: In a new poll with regard to the future of the Canadian Senate, 70% of the respondents indicated that they would like to have a vote with respect tot he upper chamber's future. Furthermore, 50% of the respondents said they would like to see the Senat..
|
Devise a divide-and-conquer algorithm
: Devise a divide-and-conquer algorithm that determines whether the two candidates who received the most votes each received at least n/2 votes and, if so, determine who these two candidates are.
|