If actual cost for a period is $47,250 and standard cost for that same period is $44,750, the dollar difference between the two figures can be viewed as: potential savings both (a) and (b) are correct waste
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- From the PW, AW, and FW values shown, the conventional B/C ratio is closest to: (a) 1.27 (b) 1.33 (c) 1.54 (d) 2.76 PW, $ AW, $/Year FW, $ First cost 100,000 16,275 259,370 M&O cost 68,798 11,197 178,441 Benefits 245,784 40,000 637,496 Disbenefits 30,723 5,000 79,687Using the following data, estimate the new Return on Investment if there is a 13% decrease in the average operating assets - with the new average operating assets as the base. Sales $3,516,519 Contribution margin 39% Controllable fixed costs 300,215 Average operating assets $4,964,961 Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign.Using the following data, estimate the new Return on Investment if there is a 6% increase in sales - with average operating assets as the base. Sales $2,640,795 Contribution margin 38% Controllable fixed costs 248,297 Average operating assets $4,486,486 Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign.
- Amount Desired at End of Period Length of Time Rate Compounded $ 17,600.00 7 2% Quarterly Required: Complete the following using the information above and the present value Table 12.3 or the present value table in the Business Math Handbook or the present value formula to answer the following: Period Used Rate Used PV factor used PV of amount desired at end of periodIf Actual sales are OMR 470000, Total Fixed costs OMR 120000, Selling price per unit OMR 50, and Variable cost per unit OMR 35, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)?Using the following data, estimate the new Return on Investment if there is a 9% decrease in variable and fixed costs- with average operating assets as the base. Sales $3,023,201 Contribution margin 37% Controllable fixed costs 244,010 Average operating assets $5,136,160 Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign.
- Suppose the relevant carrying cost per unit per year was $20 and the relevant ordering cost per purchase order was $200. Suppose further that Alpha calculates EOQ after incorrectly estimating relevant carrying cost per unit per year to be $10 and relevant ordering cost per purchase order to be $400. Calculate the actual annual relevant total costs of Alpha’s EOQ decision. Compare this cost to the annual relevant total costs that Alpha would have incurred if it had correctly estimated the relevant carrying cost per unit per year of $20 and the relevant ordering cost per purchase order of $200 Calculate and comment on the cost of the prediction error.a) Identify an example of i) a sunk cost, ii) an opportunity cost, and iii) a semi-variable cost in the above. b) Calculate Simon's i) break-even point ii) margin of safety (as a percentage) given anticipated annual sales of 4,800 units and c) his anticipated annual profit on sales of 4,800 units per annumSuppose a company finds that shipping cost is 3,560 each month plus 6.70 per package shipped. What is the cost formula for monthly shipping cost? Identify the independent variable, the dependent variable, the fixed cost per month, and the variable rate.
- If a company has three lots of products for sale, purchase 1 (earliest) for $17, purchase 2 (middle) for $15, purchase 3 (latest) for $12, which of the following statements is true? A. This is an inflationary cost pattern. B. This is a deflationary cost pattern. C. The next purchase will cost less than $12. D. None of these statements can be verified.Describe the cost formula for a strictly fixed cost such as depreciation of 15,000 per year.The selling price of a particular product is $81.00 per unit, the variable expense is $55.00 per unit, and the breakeven sales in dollars is $243,000, what are the total fixed expenses?
