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Choose an item that you would like to manufacture = a general product like athletic shoes, baseball bats or baseball gloves, or something else sports related preferably.You do not actually need to manufacture something, but will proceed through the assignment as if you were planning on manufacturing the item you have selected. The product should require materials and labor and be something that you are familiar with in process from start to finish. The product must be useful and marketable. You can choose something as simple as making chocolate chip cookies, a type of craft, or something more complicated. Consider production as if you were making the product from beginning to end, and not as if using a kit.Perform the following steps: 1. Choose a product to manufacture and to describe the manufacturing process.2. Prepare the following budgets for 1 quarter broken down monthly regarding your chosen item: estimated sales budget, estimated direct materials budget, estimated direct labors budget, estimated manufacturing overhead budget, estimated selling and administrative expenses and an estimated income statement. 3. Classify all manufacturing costs and selling and administrative expenses as either variable or fixed.4. Prepare a contribution margin income statement separating all variable and fixed costs into their own categories.5. Determine the breakeven point in units and dollars. Also, determine the number of units and dollars that need to be sold to make a target profit of $5,000 a month.6. Identify what types of trends you should be aware of in the industry and who the primary competitors are.7. Answer the following question: If you had to improve the botXXXXX XXXXXne, what would you do and what concerns would you have going forward.8. Choose a piece of equipment that you might consider purchasing to increase production of your item and address the following questions: What types of capital budgeting factors would you look at when deciding whether to do this? What would be the relevant costs that you would consider in this decision?Steps #1, 6, 7 and 8 will be in paragraph form and Steps #2, 3, 4 and 5 will involve numerical calculations that should be put into the form of a table in proper format and included as part of the paper. You should show any calculations in either a table within Word or you can copy and paste your calculations directly from Microsoft Excel into Microsoft Word.
Discuss the relationship between securitization and the role of financial intermediaries in the economy? What happens to financial intermediaries as securitization progresses?
Suppose the following data for the BU Scholarship Investment Fund. The total investment in the fund is $1 million.
The company's 2011 income statement showed a depreciation expense of $385,000. What was net capital spending for 2011?
assignment 1 discussionmdashthe power of groupsgroups may be both a boon for example they statistically outperform
An investment will pay you $58,000 in seven years. The appropriate discount rate is 10 percent compounded daily.
By 1990, that figure had risen to $123,000. What was the average annual rate of change in the price of houses over this time period? Select one: a. 5.95% per year b. 3.42% per year c. 10.12% per year d. 12.36% per year.
Sales for the next calendar year are estimated at $2,100, $1,600, $2,500 and $2,300, respectively, by quarter, starting with the first quarter of the year. Assume a year has 360 days. How much will be collected during the 4th quarter?
The Lo Sun Corporation offers a 8 percent bond with a current market price of $893.01. The yield to maturity is 9.34 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?
Emery Company just paid a dividend of $2.25 per share. The company's stock is currently selling for $60 per share, and the required rate of return on Emery Company stock is 16%. What is the growth rate expected for Emery Company dividends assuming..
What are the main component sub-accounts of the current account in the balance of payments (BoP)? Give and explain one debit and one credit example for each component sub-account for the United States.
What is the amount of Donna's tax liability if the stock is held for 11 months?
The earnings, dividends, and stock price of Carpetto Tech Corporation, are expected tp grow at 7 percent every year in the future. Carpetto's common stock sells for $23 each share,
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