Pabst Dental Supplies is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities ofoccurrence are given.Possible Market ReactionLow responseModerate responseHigh responseVery high responseSalesin Units.10254065Probabilities0.300.200.300.20a. What is the expected value of unit sales for the new product?Expected valueb. What is the standard deviation of unit sales? (Round the final answer to 2 decimal places.)Standard deviation

Answered: Pabst Dental Supplies is evaluating the…

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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If, Total Fixed cost OMR 32000, Selling price per unit OMR 20, and Variable cost per unit OMR 12. What will be the Margin of safety and profit if actual sales are OMR 85000? Select one: O a. None of the options O b. Margin of Safety OMR 5000, Profit OMR 2000 c. Margin of Safety OMR 10000, Profit OMR 4000 O d. Margin of Safety OMR 26667, Profit OMR 16000
More real estate Consider the Albuquerque home sales from Exercise 29 again. The regression analysis gives the model Price = 47.82 + 0.061 Size. a) Explain what the slope of the line says about housing prices and house size. b) What price would you predict for a 3000-square-foot house in this market? c) A real estate agent shows a potential buyer a 1200-square- foot home, saying that the asking price is $6000 less than what one would expect to pay for a house of this size. What is the asking price, and what is the $6000 called?
Highknob Co is thinking about introducing a new product.Below are the possible levels of unit sales and the probabilities of their occurrence. What is the expected value of the new product? Possible Market Reaction Sales in Units Probabilities Low Response 20 .10 Moderate Response 40 .20 High Response 65 .40 Very High Response 80 .30
Pierson Pet Products produces two models of dog beds: Basic and Custom. Price, cost and expected sales volume data for the two models are as follows: Selling price per bed Variable cost per bed Expected sales (beds) The total fixed costs for the company are $403,200. Basic $24.00 $ 17.00 66,000 Required: a. What is the anticipated level of profits for the expected sales volumes? b. Assuming that the expected product mix applies regardless of total sales, compute the break-even volume. c. If the product sales mix were to change to three Basic beds for each Custom bed, what would be the new break-even volume? Required A Required B Complete this question by entering your answers in the tabs below. Custom $ 59.00 $38.00 44,000 Basic beds Custom beds Required C Assuming that the expected product mix applies regardless of total sales, compute the break-even volume. Note: In your computations, round up the total units to break-even to the nearest whole number and round other intermediate…
Metal manufacturing has isolated four alternatives for meeting for increased production capacity. The following summarized datea gathered relative to each of these alternatives. Alternative Expected Return Standard Deviation A 21% 8.3% B 25% 8.8% C 16% 6.1% D 13% 4.4% Calculate the coefficient of variation for each alternative If the firm wishes to minimize risk, which alternative do you recommend?
Just the manual solution, please. Thank you!
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Star, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output: Regression Statistics Multiple R 0.9711 R Square 0.9473 Observations 30 Coefficients Standard Error T Stat P-Value Intercept 175,007 61,607 2.84 0.021 Production (X) 11.14 0.9237 12.06 0.000 How much of the variation in cost is not explained by production? Multiple Choice It is impossible to determine. 5.27% 7.63% 2.89%
There is a probability of 0.53 that there will be extremely cold weather this coming Winter. If it does, we expect investors of Star & Bucks to achieve a return of 0.15. Else, investors may expect a lower return of 0.07. Can you estimate the variance of this rate of return? (In Excel with Formulas) Please answer fast i give you upvote.
Myers Business Systems is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities of their occurrence are given next: Possible Market Reaction Low response Moderate response High response Very high response Expected value Sales in Units 25 units Standard deviation a. What is the expected value of unit sales for the new product? Note: Do not round intermediate calculations and round your answer to the nearest whole unit. 35 40 70 Probabilities 0.40 units 0.20 0.10 0.30 b. What is the standard deviation of unit sales? Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
Q5 From the following particulars you are required to calculate (a) PIV ratio and (b) Break-even point Le) Margin of Safety Actual sales OMR. 200000 Variable cost OMR. 120000 Fixed cost OMR. 45000 Also calculate the sales required to maintain the profit OMR 72000.
Mars Company has the following information: Total Fixed cost OMR 25000 Selling price per unit OMR 40 Variable cost per unit OMR 25, What will be the correct amount of Margin of safely at a profit of OMR 12000? Select one: O a. OMR 37000 b. OMR 30000 O c. OMR 19200 O d. OMR 32000

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