(e) Product Blue Product Red                                                                   £                                      £ Selling                                                     £12.00                            £24.00 Variable cost                                          £ 4.00                              £ 8.00 Contribution margin                            £ 8.00                               £16.00 Fixed costs apportioned                     £200,000                          £400,000 Budgeted Sales Units                          140,000                             60,000 Required: Calculate the breakeven points, for each product and the company as a whole and comment on your findings.    Discuss the merits and demerits of the cost volume profit analysis (CVP).

Skodel Ltd employs a local transport company to deliver beers to local supermarkets. To develop better work schedules, the managers want to estimate the total daily travel time for their drivers’ journeys. Initially the managers believed that the total daily travel time would be closely related to the number of miles travelled in making the daily deliveries. DriverMiles Travelled, xTravel time                                                    (hours), y  1                      100                9.3  2                        50                4.8   3                      100                8.9   4                      100                6.5   5                      50                  4.2  6                      80                    6.2  7                      75                    7.4 8                      65                      6 9                      90                    7.6 10                    90                    6.1 11                    85                    7.4 12…

Fowle Marketing Research, Inc., bases charges to a client on the assumption that telephone surveys can be completed within an average time of 14 minutes or less. If more time is required, a premium rate is charged. I need help with 3 and 4.

Jensen Tire & Auto is in the process of deciding whether to purchase a maintenance contract for its new computer wheel alignment and balancing machine. Managers feel that maintenance expense should be related to usage, and they collected the following information on weekly usage (hours) and annual maintenance expense (in hundreds of dollars). Weekly Usage(hours) AnnualMaintenance Expense 19 24 16 29 26 37 34 44 38 54 23 38 30 40 37 46 46 59 44 47 -select your answer choices-  b. p-value less than 0.01  between 0.01 and 0.025 between 0.025 and 0.05 between 0.05 and 0.10 greater than 0.10 Conclusion Do not conclude that there is a significant relationship between expense and weekly usage Conclude that there is a significant relationship between expense and weekly usage d.  No, the expected maintenance expense is less than $3000 Yes, the expected maintenance expense is greater than $3000