AutoEdge Individual Project 5

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INTEGRATIVE CASE After working for years as a regional manager for a retail organization, Scott Parry opened his own business with Susan Gonzalez, one of his district managers, as his partner. They formed S&S to sell appliances and consumer electronics. Scott and Susan pursued a "clicks and bricks" strategy by renting a building in a busy part of town and adding an electronic storefront. Scott and Susan invested enough money to see them through the first six months. They will hire 15 employees within the next two weeks-three to stock the shelves, four sales rep- resentatives, six checkout clerks, and two to develop and maintain the electronic storefront. Scott and Susan will host S&S's grand opening in five weeks. To meet that deadline, they have to address the following important issues: 1. What decisions do they need to make to be successful and profitable? For example: a. How should they price products to be competitive yet earn a profit? b. Should they extend credit, and, if so, on…

Assume you were hired as a Production Engineer in a global Bearing Manufacturer company and given the following inputs: Equipment Maintenance Cost per Month Utilities Cost per Month Material Cost per Unit Labor Cost per Unit Selling Price per Unit S60,000.00 $12,000.00 $12.00 $3.00 $24.00 Calculate Total Fixed Cost per Month = Calculate Total Variable Cost per Unit = Calculate number of Units to be sold to reach Break-Even Point = Calculate number of Units that must be sold to eam profit of $90,000.00 =

Fixed cost Variable cost No. of cupcake Total cost (FC+VC)   $420 $2.10 1 $422.10   $420 $42.00 20 $462.00   $420 $84.00 40 $504.00   $420 $126.00 60 $546.00   $420 $168.00 80 $588.00   $420 $210.00 100 $630.00     TC = $420 + 2.1x R= 4.90(x)   (I) Graph both functions on the same coordinate axes.(II) From your graph find coordinatae at which cost equals revenue.(III) Using your graph, determine how many cupcakes need to be made to produce revenueof at least $1,029.How much profit is made for this number of cupcakes?

I am having trouble understanding how to calculate the economic and accounting profits for this question. I know that Accounting profit is Revenue - all costs, but based on how this question is phrased, it isn't clear exactly what is being considered revenues and costs incurred. If you could help me understand these calcualations better, that would be great! Thanks!

[1st_itemA] *problem situation in the photo below* Required: Differentiate between accounting and economic costs.

Subject: Engineering Econ

Below are the study cases referring specific type of cost involved, you are required to state the particular cost item against each case: a) Mark is considering investing a large sum of money in a land that may be site for future store. Rather than investing the funds in land, company could invest the funds in high grade securities. b) Excellence company had paid $ 30,000 several years ago for a special purpose machine. The machine was used to make product that is now obsolete in the market and is no longer saleable.

Output quantity Total variable cost Total cost 0 $0 $250 25   450 50 300 X 75 375   100 600 850 125 X 1125 150 1200 X 175   1875 200 2000 2250

in Learning QUESTION 18 OF 40 You have completed this earned value chart, which shows your project's planned value (PV), earned value (EV), and actual cost (AC). What does this chart tell you about your project? $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $0 1 -Planned Value (PV) -Earned Value (EV) --Actual Cost (AC) 2 3 4 It is over budget and on schedule. 5 It is under budget and behind schedule. It is over budget and ahead of schedule. Weeks It is under budget and ahead of schedule. 6 7 8 9 10 11 12 Previous Next

1. A company in the process industry produces a chemical compound that is sold to manufacturers for use in the production of certain plastic products. The plant that produces the compound employ approximately 300 people. (12 pts) Develop a list of six different cost elements that would be fixed and a similar list of six cost elements that would be variable. FIXED COSTS VARIABLES COSTS 1. 2. 1. 3. 3. 4. 4. 5. 5. 6. 6. 2/345n6

Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer.   Quantity of Output Total Cost 00 $12$12 11 $14$14 22 $18$18 33 $24$24 44 $32$32 55 $42$42 66 $54$54 77 $68$68 The table above shows the total cost function for a typical firm producing hats in a perfectly competitive market. The market price for hats is $9$9 per hat. (a) Calculate the average variable cost of the fifth unit. Show your work. (b) What is the firm’s profit-maximizing quantity of hats? Explain using marginal analysis. (c) Draw a correctly labeled graph showing the firm’s demand and marginal cost curves, and show the profit-maximizing quantity of hats determined in part (b). (d) If the rent of the building the firm occupies increases, what will happen to…

Question: The total annual fixed costs of PAKEL Incorporated Company that manufactures and sells goods X are 9000 TL, the unit sales price is 6.25 TL, and the unit exchange cost is 3.25 TL. In case the enterprise works at full capacity, 6000 products are produced annually. With this information;a) The amount of production at the point of transition to profit,b) Calculate the sales income and Capacity utilization degree at this point.c) Show the transition point to Profit in a graph. (TL=Turkish Lira) I'd be happy if you solve a,b and c sections. Have a nice day!

Classify the cost elements shown below for the Impressive Printing Company into the proper quality cost categories. Cost Element Amount Quality Cost Category Customer complaint remakes $28,300 -Select Printing plate revisions $25,700 -Select- Quality improvement projects -Select- Gauging Select Other waste -Select Correction of typographical errors Proofreading Quality planning Press downtime Bindery waste Checking and inspection $14,900 $98,000 $34,900 $197,000 $400,000 $51,200 Quality Cost Category Prevention Appraisal Internal failure External failure $262,700 $57,000 $31,400 -Select -Select- Total Amount $ $ S $ -Select- -Select Select Select V V Find the total quality cost by category and percentage of total quality cost by category. Do not round intermediate calculations. Round the monetary values to the nearest dollar and percentage values to two decimal places. V Percentage of Total Quality Cost % % % %

Required information Milford Industries provides medical equipment to oncology and surgical units in major hospitals. Milford allocates indirect costs to five departments and redistributes the IDC for Quality Assurance and Engineering to the other three departments monthly. The table summarizes IDC allocation and direct labor (DL) hours for one month. Department Production Subassemblies Final assembly Quality assurance Engineering IDC Allocation, $ 30,000 20,000 10,000 8,500 26,000 Determine the indirect cost rate. The indirect cost rate is $ Actual DL Hours 550 NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. 42 per hour. 1050 650

Using the Profit data create a two-way Data Table that calculates the profit using labor cost per item ranging from $5 to $7 with $0.2 increments and quantity from 1500 to 2500 units with 100-unit increments.  Assumptions:   Fixed cost:  $                    5,000.00 Material costs per item:  $                           2.25 Labor costs per item:  $                           6.50 Shipping costs per 100 items:  $                       200.00 Price per item:  $                         12.99

Bags/Participants Fixed Cost Variable Cost Total Cost $1,700 $- $1,700 100 $1,700 $500 $2,200 200 $1,700 इ1,200 $2,900 $1,700 $2,700 $4,400 300 $1,700 $5,200 $6,900 400 $1,700 $9,000 $10,700 500 $16,700 $1,700 $15,000 600 $1,700 $23,800 $25,500 700 $36,800 $38,500 $1,700 800 $55,800 $57,500 $1,700 900 $84,700 $83,000 $1,700 1,000 Given the above information on cost, if you charge $15 per entry, what is the breakeven quantity of bags that you should order? At what quantity of bags will profits be maximized? Please select any/all correct answers: Using Qb = F/(MR - AVC) where Qb is the break even quantity, the event would break even at 283 bags. %3D O Using the profit-maximizing rule, MR 2 MC, the quantity of bags that will maximize profits is 200 bags. O Using the profit-maximizing rule, MR > MC, the quantity of bags that will maximize profits is 300 bags. O The break even quantity cannot be determined in this case. «< Question 2 of 9 A Moving to another question will save this…

How do I determine variable cost? Only typed solution

The AVC at 2 units is:A) 80;B) 35;C) can not be determined;D) 70;E) 40.

SOLVE STEP BY STEP IN DIGITAL FORMAT The company Cielito S.A. It manufactures clothing for older adults and has a large presence in Mexico, due to the comfort and good taste of its garments. It has 60 seamstresses who work 8 hours a day; Indirect manufacturing expenses are $9,500.00 MXN. Every day Cielito S.A. produces 1,500 garments. The cost per hour of labor is $55.00 MXN. With this data, you must calculate: a. Labor or labor productivity. b. The productivity of manufacturing indirect expenses. c. The total productivity of Cielito S.A.

Seastrand Oil Company produces two grades of gasoline: regular and high octane. Both gasolines are produced by blending two types of crude oil. Although both types of crude oil contain the two important ingredients required to produce both gasolines, the percentage of important ingredients in each type of crude oil differs, as does the cost per gallon. The percentage of ingredients A and B in each type of crude oil and the cost per gallon are shown.   Crude Oil Cost Ingredient A Ingredient B 1 $0.10 20% 60% 2 $0.15 50% 30%   Each gallon of regular gasoline must contain at least 40% of ingredient A, whereas each gallon of high octane can contain at most 50% of ingredient B. Daily demand for regular and high-octane gasoline is 800,000 and 600,000 gallons, respectively. How many gallons of each type of crude oil should be used in the two gasolines to satisfy daily demand at a minimum cost? Round your answers to the nearest whole number. Round the answers for cost to the nearest…

Price per unit sold = $46 Units of Total Product Revenue Total Total Product Revenue 0 1 2 3 4 5 6 7 8 9 10 $0 $46 Total Cost Data Total Total Fixed Variable Cost Cost $60 60 60 60 60 60 60 60 60 60 60 $0 45 85 120 150 185 225 270 325 390 465 Total Cost $60 105 145 180 210 245 285 330 385 450 525 Total Profits TR - TC Average Cost Data AFC $60 $30 $20 $15 $12 $10 $9 $8 $7 $6 AVC (TVC/# units) ATC $45.00 42.50 40.00 37.50 37.00 37.50 38.57 40.63 43.33 50.00 46.50 52.50 $105.00 72.50 60.00 52.50 49.00 47.50 47.14 48.13 Marginal Data MC MR (TC₂- (TR2- Marginal TC₁)/(Q₂- TR1)/(Q2 Profits Q₁₂) Q1)

Subject: Engineering Economics Need Step by step solution within 50 minutes.

Question: "Output determination in increasing cost industry" Please explaing in detail with graphical represetation

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Bags/Participants Fixed Cost Variable Cost Total Cost 0 $1,700 $ - $1,700 100 $1,700 $500 $2,200 200 $1,700 $1,200 $2,900 300 $1,700 $2,700 $4,400 400 $1,700 $5,200 $6,900 500 $1,700 $9,000 $10,700 600 $1,700 $15,000 $16,700 700 $1,700 $23,800 $25,500 800 $1,700 $36,800 $38,500 900 $1,700 $55,800 $57,500 1,000 $1,700 $83,000 $84,700   Given the above information on cost, if you charge $15 per entry, what is the breakeven quantity of bags that you should order?  At what quantity of bags will profits be maximized? A   Use the profit maximizing rule, MR ≥ MC, buy 300 bags. B   Use the profit maximizing rule, MR ≥ MC, buy 200 bags. C   Use Qb = F/(MR-AVC) where Qb is the breakeven quantity to be determined, the optimal quantity of bags is 300. D   Use Qb = F/(MR-AVC) where Qb is the breakeven quantity to be determined, the optimal quantity of bags is 200.

Explain which cost concept should be used in decision making and why. The explanation should include the following terms/relationships;accounting profit,economic profit as wellownership of factors of production