3. Another idea that Gretchen had was to eliminate sales commissions. Hallstead's was the onlyjewelrystore in the city that paid sales commissions, and although both Grandfather and Father had insisted thatcommissions were one of the reasons for their success, Gretchen had her doubts? How would theelimination of sales commissions affect the breakeven volume?ParticularsSales valueLess: cost of goods soldContributionLess: fixed costs:SalariesAdvertisementAdministrative ExpRentDepreciationMisc ExpNet IncomeNumber of customers order isTherefore Contribution/ order isTotal fixed cost isTherefore, breakeven point in No. of salestickets isBreakeven value20038583432642572021254418420845310072004810241323970407865532081250425420849361720061071155705141534153160.7970418 0.74680213250335344906843321525743584014212213068970.74539655011672310440

In the above question you have mentioned the specific information related to the question which is…

Answered: 3. Another idea that Gretchen had was…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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6) When Walmart is accused of offering very low wages to their workers they often counter that because of their cost controlling ways, they can offer prices 20% lower than their competitors, which is like increasing the income of all Americans by 25%. Illustrate Walmart's claim more formally using a hypothetical individual who makes $20,000/yr who spends his money on food and clothes and supposing that at stores other than Walmart food costs $5/lb and clothes cost $20/item.
This is a repost. Please read questions carefully as original response was entirely incorrect
N1. Account .
Do not use chatgpt.
Claudia is learning about differential analysis in Chapter 25 this week. She made a goal to try and go one chapter without getting mad. However, there is something that is driving her crazy: She can’t figure out what the purpose of the “differential” column is. She points out the “Lease or Sell” example in the book with total income calculated for each alternative. “Clearly, leasing would provide a higher income than selling, so why do we need that stupid third column?” Claudia asks aloud. “I bet it’s just those dumb old accountants that have nothing better to do than waste our time with extra work.” Please summarize what differential analysis is and explain to Claudia why you think that “third column” might be important. Alternatively, if you totally agree with Claudia on this issue, please support your position.
PART 4: A large discount store has approached the owner of Yundt about buying 20,000 snow globes. The discount store is only willing to pay only $30 per unit. Based on quantitative factors alone, should Yundt accept the special order? Specifically, by what amount would the special-order increase or decrease profitability?
Roxy Theatre is a monopoly. Roxy discovers that at the price that maximizes its profit, seniors are not coming to the theatre. So Roxy conducts a survey. The table reveals the results of the survey. Roxy decides to price discriminate among patrons who attend on weekends and those who attend on weekdays. Price (dollars per ticket) Weekends Quantity demanded (tickets per week) Weekdays 18.00 0 15.00 100 0 12.00 200 0 If the marginal cost of a show is $6.00, what price does Roxy charge on weekdays and what price does Roxy change on weekends to maximize profit? 9.00 300 0 6.00 300 200 3.00 300 300 If the marginal cost of a show is $6.00, Roxy will maximize profit by charging on weekdays and charging. a ticket on the weekend. a ticket
You are a newly hired accountant for Sushi Beeber, Inc., a retail company specializing in apparel for small pets. The company would like to expand its apparel line to include sweaters for cats. Sushi Beeber has found several manufacturers that offer competitive prices to ensure cost of goods sold is low. Because the company receives merchandise from different manufacturers and the cat sweaters will be commoditized, the company needs to develop an internal accounting system to keep track of inventory cost. You think that the weighted average cost method may help the company stay up-to-date with the inventory cost as purchase cost changes over time. Your task is to create a spreadsheet that can calculate the inventory cost based on purchases and sales for the month. See attached spreadsheet. nventory Weighted Date Purchase/Sale Total Cost Average Cost 1-Oct Purchase 1-Oct Sale 3-Oct Purchase 4-Oct Sale 4-Oct Sale 4-Oct Purchase 7-Oct Sale…
Delmarva Oyster Company has been able to decrease its variable expenses per pound of oysters harvested. How will this affect the firm’s break-even sales volume?
In light of the fact that people are finding it difficult to earn a living during the pandemic, what do you consider to be a profitable crop-related business? Justify.
You are running garment export business and you areconsidering an increasing trend of garments export in upcoming years. Your clients want to purchase your products on credit; being a new entrant in the business, you are reluctant to sale on credit. Keeping the class discussions in your mind, what steps you will follow to discourage sales on credit.
Exercises on Life Cycle Costing XYZ Corporation GCorporation had the dhaice to develop either CELL PHONE 101 or CELL PHONE 999, both cell phones have the same fundionality. CELL PHONE 101 is designated for a broad range of applications and is robustly implemented. CELL PHONE 999's design and implementation is "rough and ready" meaning the basic fundionality is made available quickly and extra resouræs are spent in marketing and customizing the product for specialized customer segments. The budgeted amounts for CELL PHONE 101 and CELL PHONE 999 over a s-year product life cyde are: CELL PHONE 101 CELL PHONE 999 Years 1 & 2 R&D Design Costs 240,000.00 160,000.00 150,000.00 75,000.00 Variable Costs Per Package 25.00 Variable Costs Per Package 25.00 Years 3 to 6 Total Fixed Costs Total Fixed Costs 100,000.00 Production Costs Marketing Costs 100,000.00 70,000.00 50, 000.00 24.00 90,000.00 80,000.00 40.00 25.00 Distribuion 16.00 Costs Gustomer 100,000.00 80,000.00 30.00 50.00 Service Costs…

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