Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. Take me to the textA cycle shop sells3 makes of bicycles: Mountain Master, Road Master and Gravel Master. Each category offers different sizes. The cost and market price of each type is listed below. Complete the table byapplying the lower of cost and net realizable value.Do not enter doller signs or commas in the input boxesDescriptionMountain Master Small MMountain Master Medium MMountain Master Large MTotal Mountain MasterRoad Master X-SmallRoad Master LargeCategoryRoad Master Medium KTotal Road MasterCheckAGravel Master SmallGravel Master Medium 50Total Gravel MailerwGCost$1,830$1,910$2,160$1,140$1,340$1,62$2,100$2,310NRV$1,6405$1,760$2,250 5$12105$1,2105$1,420$1,900 $$24405IndividualLCNRVCategoryTotal

Inventory means the detailed list or stock of items, goods, or materials held by a business or…

A cycle shop sells 3 makes of bicycles: Mountain Master, Road Master and Gravel Master. Each category offers different sizes. The cost and market price of each type is listed below. Complete the table by applying the lower of cost and net realizable value, Do not mter dollar signs of cummas in the incut.boxes Description Mountain Master Small M Mountain Master Medium M Mountain Master Large M Total Mountain Master Road Master X-Smul Road Master Medium K Road Master Large Total Road Master Category Cravel Master Small Note Gravel Maider |0 Gravel Master Medium 16 MAM M Cost $1,830 $1910 $2,160 $1,140 $1,340 $1,620 $2,100 $2,310 NRV $1,6405 $1,760 $2,250 $12105 $1,2105 $1,420 $1,000 $ 52440 Individual LCNRV Category Total

A cycle shop sells 3 makes of bicycles: Mountain Master, Road Master and Gravel Master. Each category offers different sizes. The cost and market price of each type is listed below. Complete the table by applying the lower of cost and net realizable value, Do not mter dollar signs of cummas in the incut.boxes Description Mountain Master Small M Mountain Master Medium M Mountain Master Large M Total Mountain Master Road Master X-Smul Road Master Medium K Road Master Large Total Road Master Category Cravel Master Small Note Gravel Maider |0 Gravel Master Medium 16 MAM M Cost $1,830 $1910 $2,160 $1,140 $1,340 $1,620 $2,100 $2,310 NRV $1,6405 $1,760 $2,250 $12105 $1,2105 $1,420 $1,000 $ 52440 Individual LCNRV Category Total

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter13: Nonlinear Optimization Models

Section: Chapter Questions

Problem 5P: Jims Camera shop sells two high-end cameras, the Sky Eagle and Horizon. The demand for these two...

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Brissett Corporation makes three products that use the current constraint, which is a particular type of machine. Data concerning those products appear below: GK LQ XK Selling price per unit $ 119.51 $ 226.07 $ 228.96 Variable cost per unit $ 89.87 $ 176.86 $ 178.92 Time on the constraint (minutes) 1.90 3.70 3.60 Required: A. Rank the products in order of their current profitability from the most profitable to the least profitable. In other words, rank the products in the order in which they should be emphasized. B. Assume that sufficient constraint time is available to satisfy demand for all but the least profitable product. Up to how much should the company be willing to pay to acquire more of the constrained resource?
Jims Camera shop sells two high-end cameras, the Sky Eagle and Horizon. The demand for these two cameras are as follows: Ds = demand for the Sky Eagle, Ps is the selling price of the Sky Eagle, DH is the demand for the Horizon, and PH is the selling price of the Horizon. DS=2220.60Ps+0.35PHDH270+0.10Ps0.64PH The store wishes to determine the selling price that maximizes revenue for these two products. Develop the revenue function for these two models, and find the prices that maximize revenue.
Parker, Incorporated produces one model of mountain bike. Partial information for the company follows: Complete the template worksheet filling in all of the following: 1. Total variable costs for each sales level 2. Total fixed costs for each sales level 3. Total costs for each sales level 4. Variable cost per unit for each sales level 5. Fixed cost per unit for each sales level 6. Total cost per unit for each sales level 7. Contribution margin ratio for each sales level, using a sales price of 710 per unit. 8. Total contribution margin for each sales level 9. Breakeven units 10. Breakeven sales revenue 11. Prepare the GAAP (absorption costing) income statement if selling, general, and administrative costs are $30,000. Recall that you have already solved for total costs, previously. 12. How many units should Parker, Inc sell AND what should the sales revenue be in order to earn a…
Brissett Corporation makes three products that use the current constraint, which is a particular type of machine. Data concerning those products appear below: GK LQ XK Selling price per unit $ 326.11 $ 543.37 $ 519.00 Variable cost per unit $ 252.05 $ 420.86 $ 397.71 Time on the constraint (minutes) 4.00 8.00 8.00 Required: a. Rank the products in order of their current profitability from the most profitable to the least profitable. In other words, rank the products in the order in which they should be emphasized. b. Assume that sufficient constraint time is available to satisfy demand for all but the least profitable product. Up to how much should the company be willing to pay to acquire more of the constrained resource? (Round your answer to 2 decimal places.) A. GK LG QX B. Maximun Amount
Suppose you are the purchasing manager for a company that manufactures scanners and other computer peripherals. Your vendor for scanner motors is now offering "quantity discounts" in the form of instant rebates and lower shipping charges as follows. Quantity Net Price Rebate Shipping 1–500 motors $16 none $1.50 501–1,000 motors 16 $1.30 1.10 1,001–2,000 motors 16 1.90 0.80 (a) Calculate the cost of the motors, including shipping charges, for each category (in $). 1–500 motors$ 501–1,000 motors$ 1,001–2,000 motors$ (b) If you usually purchase 400 motors per month, what percent would be saved per motor by ordering 800 every two months? Round to the nearest tenth of a percent. % (c) What percent would be saved per motor by ordering 1,200 every three months? Round to the nearest tenth of a percent. % (d) How much money (in $) can be saved in a year by purchasing the motors every three months instead of every month? $ (e) What other factors besides price…
Lockrite Security Company manufacturers home alarms. Currently, it is manufacturing one of its components at a total cost of $40, which includes fixed costs of $13 per unit. An outside provider of this component has offered to sell Lockrite the component for $29. Provide a differential analysis of the outside purchase proposal. If an amount is zero, enter "0". For those boxes in which you must enter subtracted or negative numbers use a minus sign. Differential Analysis Make Component (Alternative 1) or Buy Component (Alternative 2) MakeComponent(Alternative 1) BuyComponent(Alternative 2) DifferentialEffects(Alternative 2) Unit costs: Purchase price Variable costs Fixed costs Total unit costs $
A small company manufactures a certain item and sells it online. The company has a business model where the cost, C in dollars, to make x items is given by the equation C = 20/3 x + 50. The revenue R , in dollars , made by selling x items is given by the equation R = 10x. How many items must the company sell in order for the cost to equal their revenue?
Carolina Yachts builds custom yachts in its production factory in South Carolina. Once complete, these yachts must be shipped to the dealership. They have collected this shipping cost data: Prepare a scatter graph of the shipping data. Plot cost on the vertical axis and yachts shipped on the horizontal axis. Is the relationship between shipping costs and unit shipped approximately linear? Draw a straight line through the scatter graph. Using the high-low method, create the cost formula for Carolina Yachts shipping costs. The least-squares regression method was used and the analysis resulted in this cost equation: Y= 4,000+ 1,275x. Comment on the accuracy of your high-low method estimation. What would you estimate shipping costs to be if Carolina Yachts shipped 10 yachts in a single month? Use the cost formula you obtained in part B. Comment on how accurately this is reflected by the scatter graph you constructed. What factors other than number of yachts shipped do you think could affect Carolina Yachts shipping expense? Explain.
Stenback Company sells both designer and moderately priced fashion accessories. Top management is deciding which product line to emphasize. Accountants have provided the following data: 1(Click the icon to view the data.) Prepare an analysis to show which product the company should emphasize. (Enter the units displayed per square foot and the contribution margin per square foot to two decimal places.) Product Designer Moderately Priced Units displayed per square foot: Designer Moderately priced Contribution margin per unit × × Contribution margin per square foot of display space Capacity-Square feet of display space × × Total contribution margin at capacity Decision: (1) 1: Data Table Per Item Designer Moderately Priced Average sale price $220 $88…
Media Mogul Inc. is a marketing company that offers a variety of marketing offerings to its customers. Specifically: •Media will create a TV commercial for $1M, build an app for $500K, and build a Facebook page for $250K. These amounts represent Media’s charges for these items when Media sells them separately to customers. The TV commercial, the app, and the Facebook page are not interrelated; that is, each functions independently of the other offerings. •If a customer purchases all aforementioned items together, the total cost is $1.5M. Payment terms are 50 percent consideration due at contract signing, with the remaining 50 percent due over the rest of the development period (25 percent at mid-point, 25 percent at completion). •If the app is downloaded 500K times or more in the first month, there is a one-time bonus of $250K payable to Media. Stone, a customer, approaches Media with the hopes of reinventing its image to a younger customer base. Stone has a verbal agreement with Media…
Media Mogul Inc. is a marketing company that offers a variety of marketing offerings to its customers. Specifically: •Media will create a TV commercial for $1M, build an app for $500K, and build a Facebook page for $250K. These amounts represent Media’s charges for these items when Media sells them separately to customers. The TV commercial, the app, and the Facebook page are not interrelated; that is, each functions independently of the other offerings. •If a customer purchases all aforementioned items together, the total cost is $1.5M. Payment terms are 50 percent consideration due at contract signing, with the remaining 50 percent due over the rest of the development period (25 percent at mid-point, 25 percent at completion). •If the app is downloaded 500K times or more in the first month, there is a one-time bonus of $250K payable to Media. Stone, a customer, approaches Media with the hopes of reinventing its image to a younger customer base. Stone has a verbal agreement with Media…
Media Mogul Inc. is a marketing company that offers a variety of marketing offerings to its customers. Specifically: •Media will create a TV commercial for $1M, build an app for $500K, and build a Facebook page for $250K. These amounts represent Media’s charges for these items when Media sells them separately to customers. The TV commercial, the app, and the Facebook page are not interrelated; that is, each functions independently of the other offerings. •If a customer purchases all aforementioned items together, the total cost is $1.5M. Payment terms are 50 percent consideration due at contract signing, with the remaining 50 percent due over the rest of the development period (25 percent at mid-point, 25 percent at completion). •If the app is downloaded 500K times or more in the first month, there is a one-time bonus of $250K payable to Media. Stone, a customer, approaches Media with the hopes of reinventing its image to a younger customer base. Stone has a verbal agreement with Media…