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- Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (10,900 units at $225 each) Variable costs (10,900 units at $180 each) Contribution margin Fixed costs $ 2,452,500 1,962,000 490,500 387,000 Income $ 103,500 Exercise 18-12 (Algo) Target income and margin of safety LO C2 1. Assume Hudson has a target income of $159,000. What amount of sales (in dollars) is needed to produce this target income? 2. If Hudson achieves its target income, what is its margin of safety (in percent)? (Round your answer to 1 decimal place.) 1. Amount of sales 2. Margin of safety %How many barrels can the first period consume before any User Cost occurs?Last year, a company introduced a new version of its main product. The product costs $24002400 to develop (i.e. the start up costs) and $3535 to manufacture each product. Do all the following problems on your page: i) Give a linear equation in the form C(n)=mn+bC(n)=mn+b that gives the total cost to produce nn of these products. Give your answer in function notation. No steps or work are required, just give the function. ii) Find the total cost to produce n=3500n=3500 of these products. Show what numbers you used in your arithmetic calculations. Use function notation in your work. Answer in a complete sentence form with units and context. iii) If the company has $5315053150, how many of these items can be produced? Use function notation in your work. Answer in a complete sentence form with units and context.
- Answer to part D&E are requiredEquipment purchased in 2006 for $36,000 must be replaced in late 2017. What is the estimated cost of the replacement equipment based on the following cost indices? TITI End of Year Index End of Year Index 2011 202 209 222 134 2004 2005 2006 2007 2008 2009 2010 2012 2013 149 155 2014 2015 2016 242 263 156 170 183 278 194 2017 289 (estimated) The estimated cost of the replacement equipment based on the cost indices provided is S (Round to the nearest dollar.) Enter your answer in the answer box.2 - Which of the following is not one of the factors that can cause a short or long-term cost increase within the scope of a construction project?A) Failure to complete the work within the work completion time specified in the contractB) Delay of work due to seasonal conditions other than force majeureC) Absence of technical personnel specified in the contractD) Failure to pay the insurances of the technical personnel who should be at work on timeE) Timely payment of salaries of workers
- General Motors Corporation in their Detroit plant, makes industrial strength eight-cylinder engines that are used in their heavy duty automobiles Operations manager at Detroit plant has developed the following supply, demand, cost, and inventory data for future planning purposes. Supply Available Regular Time Demand Forecast Period Overtime Subcontract 1 40 15 10 40 2 30 15 10 55 3 30 20 10 50 20 units $100 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit $160 $200 Carrying cost per unit per month $6 Assuming the initial inventory has no holding cost in the first period and that backorders are not permitted.At what output level is variable costs per unit at a minimum? Supporting Materials Steel Costs $ per ton MC ATC $175 AVC $115 $70 4,000 9,000 11,000 16,500 Steel Outp ut (in tons)(WD1) One critical factor for assessing a new venture is the "availability of customers during phases (prestart-up & start-up)". The concept of "Risk Continuum" can be applied to this critical factor. Which explanation below BEST describes "Risk Continuum"? * It shows the range of risks that is present in a new venture. It shows the importance of grouping risks in a new venture. It shows the specific risks in a new venture that can be assessed. It shows the various types of risks that can be found in all new ventures.
- A jeweler is considering producing a limited edition diamond bracelet, and she is trying to decide how many bracelets to produce. The table gives her estimated total cost for various production levels as well as the price she would charge for each bracelet. Number of bracelets 100 200 300 400 500 600 Total cost (thousands) Price per bracelet $215 $7900 $420 $7400 $625 $5900 $820 $5000 $1015 $4200 $1205 $3600 (a) of the production levels listed in the table, which gives the highest profit? (b) Estimate the marginal cost and marginal revenue when 400 bracelets are made. marginal cost $ marginal revenue $Please answer part b using equation tool. I do not understandSmall and medium sized contractors are most likely to keep ony____on staff