c) A company manufactures a component which sells for£33. The variable cost associated with its manufacture is£17 per component.£128,000.components the company needs to sell to break even (i.e.to cover the sum of the fixed and variable costs).Fixed costs allocated totalPlot a graph to show the number ofd) Tuckman found that teamsdevelopment phases. List the six phases of teamdevelopment and provide a brief explanation of each.go through six key

Here, There are two different questions, As per the guideline, I'm supposed to answer the first…

Answered: A company manufactures a component…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Similar questions

Recording artists earn only about 9 percent in royalties per CD,using a royalty base of retail price less 25 percent for packagingcosts. The rest goes to the producer and to cover recording costs,promotion, copies given away to radio stations and reviewers,and other costs such as videos. What do you think happens tothe artist’s royalties when a CD is marked down to sell faster?Consider two cases: (a) the marked-down CD sells more copies;and (b) it sells the same number of copies as before.
You are the buyer for a major U.S. health care company. As buyer, your job is to procure and buy parts for the production of X-Ray machines. The buyer from your sister plant in Paris, France has contacted you to supply them with 5 center sections, (a major component used in the X-Ray tube), because they will run out of these parts within 3 days. The center section is procured from a single source supplier in England, weighs approximately 40 pounds, is made of lead and has a 6-week lead time, (the time your supplier requires to manufacture the center section). Based on this criterion, answer the following questions: What mode of transportation is appropriate for shipping this part to Paris, France? What carrier will you use? Which carrier offers the best value?
Consider the requirement that shopping malls need a license to remain open 24 hours, where these licenses are in fixed supply. These licenses are however freely tradable among actual and potential owners, and the industry is perfectly competitive. If the average 24-hour shopping mall’s annual revenue is $250,000, while the licenses may be leased at an annual fee of $100,000. Given this information, average variable cost for the industry would be $100,000. Is the preceding statement true or false?
Ray Holt seeks an investment for his new business. The investor will bear all the costs(fixed + variable) and wants a rate of return of at least Y%. For the business fixed cost is Fc, selling price of a unit is Sp, and Cost of production of a unit is Cp. How many units, x, should Ray Holt maketo meet the investor’s rate of return requirement? If the requested rate of return is 10%, fixed cost is $10,000, selling price is $5, and cost of production is $3, how many units should be made?
A purchasing agent need not worry about a tiny difference in price when a large quantity is being bough; True or False
What is the break-even in units? Assume: Fixed Costs = $10,000, Sales Price = $15, Variable costs/unit = $6
The excess cost of an item is the profit you would have made on it. True False
five general risks involved in the revenue cycle of any business. Further, indicate the physical and IT control against each risk
life cycle costing is not correct Which of the following is not a contemporary management technique used by the management accountant to focus on process improvement? Enterprise risk management Life cycle costing Enterprise sustainability V Lean accounting
Assume that the 4-year spot rate is k4=2.437% and the 3-year spot rate is k3 = 2.25%. What is the forward rate in the fourth year? Express your answer in percentage form. %

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