Quiz 2 Managerial Accounting Study Guide Chapters 4 and 5

A store is having a promotion where every item is on sale for 20% off.    This means that the discounted price is ___% of the original price.    You pay sales tax of 6.2% for the discounted price. This means the price with tax is ___% of the discounted price.  Item A has an original price of $83vAfter applying the discount and tax, how much do you pay to purchase Item A? You buy another item as well. Reducing the price to account for the 20% discount, and then adding in the 6.2% tax, you end up paying $79bfor Item B. What was the original price of Item B?

MODIFIED TRUE or FALSE. Write "T" if the given statement is TRUE, correct and valid. Write "F", if otherwise. If your answer is either "T" or "F" explain, why is it true or false. Cite a theory, use a formula or graph to support your answers. 17. Other factors/determinants such as pests and diseases can affect largely the demand of the people for a specific good or service. 18. Price elasticity of either demand or supply measures the responsiveness of the quantity demanded or quantity supplied by buyers or sellers to changes in its own income 19. A perfectly inelastic demand exhibits a horizontal demand curve and n=∞. 20. A perfectly elastic supply exhibits a vertical supply curve and n=0. 21. In a monopolistic market, there are several suppliers in the market. 22. The given equation Q = 13 -0.25P is an example of a supply equation. 23. The formula to derive the elasticity of either for demand or supply is: O= _ x _ 24. Luxurious goods are considered inferior goods for minimum…

What is the result when sales exceed the cost to produce goods or render services? What is the result when cost to produced goods or render services is greater than the sales? A. Selling B. Revenue C. Benchmarking D. Loss

Which one of the following is not considered an assumption of cost-volume-profit analysis? O a. Costs can be divided into variable and fixed components O b. Costs are linear O c. Selling price per unit does not change with volume O d. Fixed cost per unit is constant O e. Sales mix of products sold does not change Which of the following statements about operating leverage is false? O a. The degree of operating leverage is higher for companies with lower fixed costs O b. If the degree of operating leverage higher for a company, this means that the company is more risky than another company with low degree of operating leverage. of Fini: O c. Operating leverage measures how operating income will be affected by changes in sales O d. Keeping all factors constant, the higher the contribution margin, the higher the operating leverage. e. All of the given answers are true.

As the owner of a fast food restaurant with declining sales, your customers are looking for something new and exciting on the menu. Your market research indicates that they want a burger that is loaded with everything as long as it meets certain health requirements. Money is no object to them. Use Excel to answer this question  Requirements:  Must include at least one of each item and no more than six of each item   Must use whole items (no half or partial servings)  Final burger must contain no more than: 3,000 mg of sodium  150 g of fat  3,000 calories  Must keep the servings of ketchup and lettuce the same  Must keep the servings of pickles and tomatoes the same Must use exactly two buns a. What is the most expensive burger you can make that meets these requirements?  b. What are the allocations of each ingredients.  write a mathematical model that helps the manager design the most expensive burger  build an excel silver model for the mathematical model you built (please…

As the owner of a fast food restaurant with declining sales, your customers are looking for something new and exciting on the menu. Your market research indicates that they want a burger that is loaded with everything as long as it meets certain health requirements. Money is no object to them. Use Excel to answer this question  Requirements:  Must include at least one of each item and no more than six of each item   Must use whole items (no half or partial servings)  Final burger must contain no more than: 3,000 mg of sodium  50 g of fat  3,000 calories  Must keep the servings of ketchup and lettuce the same  Must keep the servings of pickles and tomatoes the same Must use exactly two buns a. What is the most expensive burger you can make that meets these requirements?  b. What are the allocations of each ingredients.

Can i get help with question 3 and 4 please

** I need a clear step by step answer (not on excel) please X1=29000 X2=5

THE CORRECT ANSWER IS OPTION A . EXPERT SOLUTION IS MISLEADING

Please do not give solution in image format thanku

Do answers properly.

X1=29000 X2=5 I need a step by step answer please (not on excel please)

Betty, the chief of nursing executive, need to make a decision about buying 340 new hospital beds for patient rooms. After she interviewed nurse managers at the units where the beds were going to be placed, Betty compiled her findings and decided to contact a well-known equipment company to obtain prices and a bid. No bids from other companies were obtained. The equipment company’s executive salesperson, Jim, discussed options at length with her and invited her and her significant other to an upcoming all-expense-paid, lavish junket at a five-star hotel in Hawaii to see demonstrations of the beds and experience a comprehensive sales program. Betty thought, “We badly need some relaxations and stress relief. Hawaii would be so much fun. Would it be wrong for us to go? If you were Betty, what would you do? Justify your answer with ethical framework: theory, approach or principle. Discuss the ethical principles at stake. What breaches are possible? Do you consider this situation a conflict…

I need both a) and b) answers i will give upvotes no chatgpt answer

Select the best answer for the question! 9. What is value to the customer? A. The intangible benefits that can be quantified B. The tangible and intangible benefits that customers obtain at a price that they're willing to pay C. The benefits that the customer can see in a profit and loss statement D. Cash flows generated by the business Mark for revien THE review page

What does the OR Courseware include?

Which of the following examples related to a strategic decision? a. Borrowing a working capital from a new source b. Approving the educational loan for the employees c. Introducing a new product d. Altering the due date for delivery of products

18. An Estimate price, which is expected to be paid by the customer for a particular market offering is classified as____ a. Target Price b. Target service c. Target Cost d. Target Product

27) A company’s corporate office has to decide between investing capital in a given business as it in a high growth industry or divesting that business given its current low market share. The company business is represented by which of the following? a) A star b) A question mark c) A cash cow d A dog

A slotting fee is a payment that a Select one: O a. wholesaler makes to place a new product on a retailer's shelf. tion O b. manufacturer makes to a wholesaler as compensation for warehousing inventory. O c. manufacturer makes to a retailer as compensation for sales not made while the product was on the shelf. O d. manufacturer makes to place a new product on a retailer's shelf. O e. manufacturer makes to have a wholesaler distribute a new product to retailers.

Damen Ship Repair has just introduced a new service. For a fixed annual fee, Damen will predict what are the most likely repair parts you will need for each of your cargo ships over the next year. It will then preposition those parts either on your ships or at Damen’s shipyards depending on whether your crew can install that part or it must be done at a shipyard. Then all you pay for is the installation labor you actually use each year, which also comes at a discounted rate. a) Specify the key features and benefits that they would want to inform customers about b) Develop an integrated marketing communication plan for marketing the service

Read the images below and asnwer the questions: 6-  What is the maximum amount they should be willing to pay for procuring each pound of this ingredient? 7-  If the vendor of Oats increases the per pound price by $0.75, would you recommend the company reduce the use of Oats in making the mix in order to minimize their cost? Group of answer choices a- Yes b- No c- Not enough information to answer the question   8-  If the vendor of Soybean increases the per pound price by $0.75, would you recommend the company reduce the use of Soybean in making the mix in order to minimize their cost? Group of answer choices a- Yes b- No c- Not enough information to answer the question   9-  If the vendor of Oats offers to supply you Oats for Free(!), would/could you possibly increase the amount of Oats you use to make the mix in order to reduce the cost of the mix? Group of answer choices a- Yes b- No c- Not enough information to answer the question   10-  If the Vitamin becomes…

13. Enterprise Risk Management (ERM) is designed to achieve which of the following four categories of objectives, except Group of answer choices None of the choices Strategic, Reporting, Operations, Compliance Operations, Reporting, Compliance, Strategic Strategic, Operations, Reporting, Compliance Reporting, Compliance, Strategic, Operations

Elsa Corporation, a company that manufactures and markets low-end table computers, asked ourfriend Ms. Market Researcher to create the demand curve for its SD 721 model. She conductedsome market research and gave Elsa the demand curve as well as some additional information:350,000 units of SD 721 will sell at a price of $250.(1) What is the point price elasticity if 500,000 units will sell at a price of $200? (2) What is the point price elasticity if 125,000 units will sell at a price of $305?

Product modification makes changes to existingproducts in three primary ways. They area. screening, testing, and changing.b. growth, maturity, and decline.c. quality, function, and aesthetics.d. quantity, description, and appearance.e. product, price, and service.

Neverland Company, a retailer, plans to sell 15,000 units of Product X during the month of August. If the company has 2,500 units on hand at the start of the month, and plans to have 2,000 units on hand at the end of the month, how many units of Product X must be purchased from the supplier during the month? *       17,000       15,000       14,500       15,500

Which of the following would not be a desirable outcome from an organization’s investments inquality?a. An increase in the sales return rateb. A decrease in warranty and service-related costsc. Higher product/service selling pricesd. Reduced manufacturing cost

Please answer in 30 mins. only if you are 100% sure.

Pls help ASAP

please provide explaination as to why the other options are incorrect. thank youuuuuuuu

2 Which of the following statement relating to life cycle cost is not correct? a. All of the options b. It is past oriented, and it compels managers to examine the long- term financial implications of the strategic decisions they are making c. Retirement cost is one of the categories of life cycle cost d. Companies are increasingly concerned with the life cycle cost when they either purchase an item or manufacture it