Commercializing the Kunst 1601

The rise in revenue was rapid starting from the year of operations. The key period of business was from April to September were revenues were equal to 65% of total revenue as the product was seasonal. The basis of forecasting for the year 1981 & 1982 is the expectations of sales by Mr. Turner & Mr. Rose. It is given that total sales were $ 15.80 million in first half of year 1981 and the total sales in 1981 to reach $ 30 million. Profit after tax was expected to be $ 1 million for 1st half and we assumed for the next half, profit will be in proportion to first half & expected to be amounting to $ 0.90 million. For year 1982, the sales expectation by Mr. Rose was around more than $ 71 million &

$1,140 in profit for pepperoni and cheese pizza. This number takes into account the probabilities at each

You can also look at the DSCZ16 and GSZ14 units. The Goodman DSCZ16 has a 9.5 HSPF and a maximum SEER of 16. It includes a lifetime limited warranty for the compressor and a ten-year warranty for the other parts. Its cost, including installation, may range from $4,500 to $16,000. The Goodman GSZ14 has a 9 HSPF and a maximum SEER of 15. It strikes a good balance between efficiency and affordability. Its total cost can range from $3,000 to $11,000.

The Reformation was a religious movement that divided the church between the Catholics and Protestants. The Counter-Reformation was a reaction movement that followed this originally crusade, and was lead by the Catholics as a response to the wide spread of Protestantism. The purpose of the Counter-Reformation was to spawn internal reforms. This movement was focused on the renewal of the church in the form of the use of images, focus on the church as the house of God, and the veneration of the Virgin Mary and Saints. The Counter-Reformation was responsible for the start of major change in the Catholic Church and with regard to the role of art; the importance of art was heightened and the movement sought out to restore Catholicism and make is more attractive, thus emerged the Baroque style.

1. The local Mastermind store sells innovative educational toys. Part of their service is giving advice to customers about the best toys for a particular age group, which requires having more customer service representatives in the store. During the month long Christmas buying season, it makes half of its $500,000 yearly sales. Its contribution margin on average is 40% and its fixed costs for the year are about $150,000. The owner believes that she could make even higher sales, if she had more customer service representatives on the floor during the peak season. She plans on hiring four more people for 200 hours each at $20 per hour. How much additional revenue does she have earn to the nearest dollar

Operating Income = Sales – Operating costs [OPI = S – OPC] We want: OPI = 0.15 * S So: 0.15*S = S – OPC So: 0.85*S = OPC But: S = Price1*Quantity1 + Price2*Quantity2 + Price3*Quantity3 + Price4*Quantity4 [P1*Q1 + P2*Q2 + P3*Q3 + P4*Q4], where 1,2,3,4 are respectively: Regular drink, specialty drink, baked good, coffee bag. With the assumption of 1 customer per drink sold, we also know that: Q1 = Q2 = Q3 = 5*Q4 (data from the case) Therefore: (P1+P2+P3+0.2*P4)*Q1*0.85 = OPC So: (3+4+2.5+0.2*16.5)*0.85*Q1 = OPC

Total Sales Dollars (for covering each incremental dollar of advertising) = $200,000 / $150,000 = $1.33

According to the calculation, increasing volume at the same expensive cost will increase profit. Nonetheless, revising the freight cost and reducing its variable cost to 6% per container (1,625) from the base case (1,725), will affect the company profit positively. For example, with 10,000 containers(phase 1), the company earned a profit of $40,000/year, and with 60,000 containers(phase 3), the gain is $5,040,000 regarding the base case. After the 6% off in the variable cost, the firm could make a 3.85% phase1, 34,2% phase 2, 45,65% phase 3 of increase in its

Neoclassical Art was an art form that followed the Baroque and Rococo art periods. Neoclassicism was a way for artists to display their wish to return to meaningful art, to escape the frivolity of landscapes and still life paintings, and paint something that had a moral, educational or inspirational value to the viewer. Neoclassical art was an attempt to return knowledge and purity back to art. Neoclassicism was mainly focused on Greek and Roman arts and stories of the classical era with some new advancement. It was a revival of antiquity.

Peak Garage Doors Inc. is a privately owned firm and has had 2003 sales of $9.2 million and net profits before taxes of 460,000. Given is a 2003 income statement (pg.411) which states that cost of goods sold was $6.9 million. With the sales and cost of goods sold numbers we can figure out that the contribution margin for Peak’s garage doors is $0.25 for every dollar sold. The company has 2 distribution centers and employs 8 sales representatives for independent dealers and 2 sales reps for the exclusive dealers, each rep with a salary of $80,000. Below is the summary of employee composition.

The revenue is $600,600*1.2= $720,720. The variable cost changes as sales increases and fixed cost stays the same, the gross profit is $175,500. After tax, the net income is $100,557.

Finally, as with CJ Industries’ cost benefit analysis, Heavey Pumps ought to decide if they should continue to service CJ Industries. If so, perhaps consider changing from their current informal, noncontract basis to a more long-term agreement.

The relationship between art and commerce has always been subject of hot discussion. Many people look at creativity as a vehicle for economic interest, while others view it as pure dedication for personal creative needs. The world as we live in today sees the creative industry, including visual and performing arts, sound recording, book publishing, and movie making, a highly commercialized global enterprise. People constantly buy and sell art products in a highly active market. Although it is difficult to conclude whether art and commerce is perfectly compatible or mutually exclusive, one thing is true, that the relationship between the two has not stayed constant throughout the history of art. From the early Renaissance period to contemporary and modern time, we see art gets intertwined with business more and more. There are multiple well known historical examples demonstrate the dynamic evolution of creative expression, though new system also brought challenges.

A negative gain of revenue of $7920 with further decrease on income of $6,286 in first quarter is recorded. However, the situation is much better than increase hourly rate. More, idle time is reduced greatly to from 530 to 412 hours(22%). If we can utilize all the idle hours, then we can maximize the income. According to hint on proportional relationship of increase / decrease hourly rate thus leads to lower and pump up sales, we can calculate the revenue in adjusting the hourly rate.

8.5 cents will increase profits by 0.093 - 0.0850 = 0.0053. Sensitivity analysis also shows that up