Each morning, Joel Stenback stocks the drink case at Joel's Beach Hut in Myrtle Beach, South Carolina. The drink case has 105 linear feet of refrigerated drink space. Each linear foot can hold either seven 12-ounce cans or three 20-ounce bottles. (Click the icon to view the information on the cold drinks.) Joel's Beach Hut can sell all the drinks stocked in the display case each morning. Read the requirements. Requirement 1. What is Joel's Beach Hut's constraining factor? What should Joel stock to maximize profits? The constraining factor is What should Joel stock to maximize profits? Complete the product mix analysis to determine which product would maximize Joel's profits. First stock Next stock Sales price per unit Variable cost per unit Contribution margin per unit Units per linear foot of shelf space Contribution margin per linear foot of shelf space Decision: Stock Requirement 2. Suppose Joel's Beach Hut refuses to devote more than 75 linear feet to any individual product. Under this condition, how many linear feet of each drink should Joel's stock? How many units of each product will be available for sale each day? (Abbreviation used: CM = contribution margin.) Joel's Beach Hut should stock its shelves as follows: linear feet with the product that has the linear feet with the product that has the Right-Cola 12 oz. Cans Right-Cola in 12 oz. cans: Right-Cola in 20 oz. bottles: Pep-Cola in 20 oz. bottles: cans Right-Cola Pep-Cola 20 oz. Bottles 20 oz. Bottles How many units of each product will be available for sale each day based on the product mixed determined in the preceding step? (For entries with a $0 balance, make sure to enter "0" in the appropriate cell.) bottles bottles CM per linear foot- CM per linear foot-

Q: Remo Company and Angelo Inc. are separate companies that operate in the same industry. Following are…

A: Contribution Margin Ratio is calculated at 2 decimal places . And final answer of Break Even Sales…

Q: Define each of the following terms: g. Decision tree; staged decision tree; decision node; branch

A: Decision tree: A decision tree is a method of arranging a set of consecutive decisions, which is…

Q: Using the above information, calculate efn

A: Here, Sales is $48,800 Assets is $53,650 Spontaneous Liability (Accounts Payable) is $2,400 % Change…

Q: What is the graphical representation of the distribution of a dataset? A) Histogram B) Pie Chart C)…

A: The incorrect answers are:B) Pie ChartPie charts are circular charts with slices reflecting…

Q: Can you please step this out line by line (not all in one line) and state the formula used

A: The concept of time value of money states that worth of money changes with passage of time. This is…

Q: Can you please explain the formula for row 9,10,11?

A: Using CAPM  formula:Rf+Beta * Risk premium for the market index return

Q: Show how to insert formula in excel

A: Perpetuity: It is a stream of cash flow that is presumed to continue for an indefinite period.

Q: What does CAPM allow you to calculate?

A: CAPM model is basically the capital asset pricing model which helps us in determining the expected…

Q: typing clear i need both answers

A: Problem StatementWe have the following data points:-xy​34​69​810​​ (a) Find the equation of the…

Q: What is the mode for the following data set: 99,100,99, 100,8,9,8,7,8? Show all works.

A: WE HAVE TO FIND MODE OF THE DATA  OBSERAVTIONS: 99,100,99, 100,8,9,8,7,8

Q: What do you mean by Count Data? When it arises?

A: Count data:  Count data is a kind of statistical data, in which the observations might only consider…

Q: Give an example of each.

A: Cost standard example: The estimation to regulate the entire direct material cost standard and…

Q: put these numbers in T form

A: T-Account A collection of financial records that employ double-entry accounting is referred to…

Q: Where does the information on step one comes from?

A: The excess of an asset's expected investment return above the risk-free rate of return is known as…

Q: In a data visualization, the vertical axis typically shows __________.   Multiple Choice   values…

A: A column chart will include data labels along the horizontal (X) axis with measured metrics or…

Q: What are the levels of data hierarchy?

A: Accounting Information System:   This refers to a system that is adopted by an organization to…

Q: confused on how the number for D is calculated

A: Bad debt is calculated on the value of sales receivable during the period.Bad debt is an expense…

Q: Write out the equation for the CML and explain its meaning.

A: After the investment in different securities, portfolio is prepared which describe the overall…

Audit Procedures

Audit Procedures are methods and techniques performed by the auditor to determine the quality of financial information of clients, thereby expressing an opinion on true & fair view of financial statements and entity position. They are identified and applied at the planning stage of audit after determining audit objectives, scope, approach, and risk assessment.