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1 14.28 Skipped Paste Font Alignment Number Format as Cell Styles New Exercise Bank Content Qu. 01-08 Reconsider the example of choosing the advertising budget for the VRX2000 that is presented in Section 1.4. There it was determined that the optimal level of advertising spending was $135,392 leading to a profit of $77,425. Now suppose that the selling price, variable cost and/or fixed cost can fluctuate as stated below. Open recovered workbooks? Your recent changes were saved. De D22 x ✓ fx B C 1 VRX2000 Optimization Model D E F 이이이 Click here for the Excel Data File a. Re-solve the optimization model for the VRX2000 using a variable cost of $320, a selling price of $400, and fixed costs of $100,000. What are the optimal advertising budget and the resulting total profit? 2 Print b. Re-solve the optimization model for the VRX2000 using a variable cost of $280, a selling price of $400, and fixed costs of $100,000. What are the optimal advertising budget and the resulting total profit? 3 Parameters: 4 Unit Variable Cost $320 5 Unit Revenue Complete this question by entering your answers in the tabs below. 6 Fixed Cost $400 $100,000 7 Required A Required B 8 Decision Variable: Advertising Budget Note: Do not round intermediate calculations. Round your answers to the nearest whole number Advertising budget Total profit Re-solve the optimization model for the VRX2000 using a variable cost of $320, a selling price of $400, and fixed costs of $100,000. What are the optimal advertising budget and the resulting total profit? 10 11 Prediction Formula: Sales ax + b 12 a 7.01 13 b 400 14 Reqar A Required B > 15 Expected Units Sold 16 17 Total Revenue 18 Total Variable Cost 19 Fixed Cost $100,000 20 Advertising Cost 21 22 Total Profit 23 24 25 26 27 28 29 30

1 14.28 Skipped Paste Font Alignment Number Format as Cell Styles New Exercise Bank Content Qu. 01-08 Reconsider the example of choosing the advertising budget for the VRX2000 that is presented in Section 1.4. There it was determined that the optimal level of advertising spending was $135,392 leading to a profit of $77,425. Now suppose that the selling price, variable cost and/or fixed cost can fluctuate as stated below. Open recovered workbooks? Your recent changes were saved. De D22 x ✓ fx B C 1 VRX2000 Optimization Model D E F 이이이 Click here for the Excel Data File a. Re-solve the optimization model for the VRX2000 using a variable cost of $320, a selling price of $400, and fixed costs of $100,000. What are the optimal advertising budget and the resulting total profit? 2 Print b. Re-solve the optimization model for the VRX2000 using a variable cost of $280, a selling price of $400, and fixed costs of $100,000. What are the optimal advertising budget and the resulting total profit? 3 Parameters: 4 Unit Variable Cost $320 5 Unit Revenue Complete this question by entering your answers in the tabs below. 6 Fixed Cost $400 $100,000 7 Required A Required B 8 Decision Variable: Advertising Budget Note: Do not round intermediate calculations. Round your answers to the nearest whole number Advertising budget Total profit Re-solve the optimization model for the VRX2000 using a variable cost of $320, a selling price of $400, and fixed costs of $100,000. What are the optimal advertising budget and the resulting total profit? 10 11 Prediction Formula: Sales ax + b 12 a 7.01 13 b 400 14 Reqar A Required B > 15 Expected Units Sold 16 17 Total Revenue 18 Total Variable Cost 19 Fixed Cost $100,000 20 Advertising Cost 21 22 Total Profit 23 24 25 26 27 28 29 30

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter8: Budgeting For Planning And Control
Section: Chapter Questions
Problem 41P: Refer to Problem 8.40 for data. Required: 1. Run a multiple regression equation using machine hours,...
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1 14.28 Skipped Paste Font Alignment Number Format as Cell Styles New Exercise Bank Content Qu. 01-08 Reconsider the example of choosing the advertising budget for the VRX2000 that is presented in Section 1.4. There it was determined that the optimal level of advertising spending was $135,392 leading to a profit of $77,425. Now suppose that the selling price, variable cost and/or fixed cost can fluctuate as stated below. Open recovered workbooks? Your recent changes were saved. De D22 x ✓ fx B C 1 VRX2000 Optimization Model D E F 이이이 Click here for the Excel Data File a. Re-solve the optimization model for the VRX2000 using a variable cost of $320, a selling price of $400, and fixed costs of $100,000. What are the optimal advertising budget and the resulting total profit? 2 Print b. Re-solve the optimization model for the VRX2000 using a variable cost of $280, a selling price of $400, and fixed costs of $100,000. What are the optimal advertising budget and the resulting total profit? 3 Parameters: 4 Unit Variable Cost $320 5 Unit Revenue Complete this question by entering your answers in the tabs below. 6 Fixed Cost $400 $100,000 7 Required A Required B 8 Decision Variable: Advertising Budget Note: Do not round intermediate calculations. Round your answers to the nearest whole number Advertising budget Total profit Re-solve the optimization model for the VRX2000 using a variable cost of $320, a selling price of $400, and fixed costs of $100,000. What are the optimal advertising budget and the resulting total profit? 10 11 Prediction Formula: Sales ax + b 12 a 7.01 13 b 400 14 Reqar A Required B > 15 Expected Units Sold 16 17 Total Revenue 18 Total Variable Cost 19 Fixed Cost $100,000 20 Advertising Cost 21 22 Total Profit 23 24 25 26 27 28 29 30
Transcribed Image Text:1 14.28 Skipped Paste Font Alignment Number Format as Cell Styles New Exercise Bank Content Qu. 01-08 Reconsider the example of choosing the advertising budget for the VRX2000 that is presented in Section 1.4. There it was determined that the optimal level of advertising spending was $135,392 leading to a profit of $77,425. Now suppose that the selling price, variable cost and/or fixed cost can fluctuate as stated below. Open recovered workbooks? Your recent changes were saved. De D22 x ✓ fx B C 1 VRX2000 Optimization Model D E F 이이이 Click here for the Excel Data File a. Re-solve the optimization model for the VRX2000 using a variable cost of $320, a selling price of $400, and fixed costs of $100,000. What are the optimal advertising budget and the resulting total profit? 2 Print b. Re-solve the optimization model for the VRX2000 using a variable cost of $280, a selling price of $400, and fixed costs of $100,000. What are the optimal advertising budget and the resulting total profit? 3 Parameters: 4 Unit Variable Cost $320 5 Unit Revenue Complete this question by entering your answers in the tabs below. 6 Fixed Cost $400 $100,000 7 Required A Required B 8 Decision Variable: Advertising Budget Note: Do not round intermediate calculations. Round your answers to the nearest whole number Advertising budget Total profit Re-solve the optimization model for the VRX2000 using a variable cost of $320, a selling price of $400, and fixed costs of $100,000. What are the optimal advertising budget and the resulting total profit? 10 11 Prediction Formula: Sales ax + b 12 a 7.01 13 b 400 14 Reqar A Required B > 15 Expected Units Sold 16 17 Total Revenue 18 Total Variable Cost 19 Fixed Cost $100,000 20 Advertising Cost 21 22 Total Profit 23 24 25 26 27 28 29 30
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