mign- Copi services from CGI Group, a Canadian information technology company. If you were the manager of the division, how would you justify signeu the long-term nature of your contract with CGI Group?
Q: The Smelting Department of Sunland Company has the following production datafor November. Beginning…
A: Given:- Units completed and transferred out=8460 Ending work in progress=6580 which is 100% complete…
Q: The yariablecosts incured by the business in the curent period per unit of output is: (aDThe average…
A: Marginal input cost (MIC) is the cost of using an additional unit of variable input; restated, it is…
Q: spit $150,000 in charity care for the current year. The hospital should report this charity care as…
A: 66. The answer is - a. Net patient service revenue of $150,00 and patient care expense of $150,000.
Q: Under the Consideration clause in a Major Medical policy, he insurance company's consideration to an…
A: Insurance, also referred as insurance coverage or insurance policy, is a legal arrangement between…
Q: A construction manager just starting in private practice needs a van to carry crew and equipment.…
A: Assuming the NPV of a venture, it implies that the discounted present value of all future cash flows…
Q: Pedro sold a piece of land to his nephew Quintin, a minor. One month later, Pedro died. Pedro’s…
A: In a society, property, especially buildings, lands, and so on, are the type of resource whose value…
Q: If the profit function is TT = - Q² + 7Q -10 What is the value of the maximum profit Select one: a.…
A: Profit function; π=-Q2+7Q-10 where; Q= Quantity
Q: 1. A service station uses 2500 oil filters during the course of a year, and this usage is constant…
A: A = 18.75 λ = 2500 h = 1.5 c = 15
Q: If you sell in March a bond future contract for 125 that matures on June 30 of the same year, and at…
A: Rate at which bond future contract is sold in March = $125 Maturity date = June 30 And price at the…
Q: Northeastern plans to upgrade the projectors in all classrooms; so they assigned Mary to be the…
A: Answer-
Q: Calculate the missing values. Express dollar values rounded to two decimal places and break-even…
A: The cost that tends to vary with the level of output is variable cost while the cost that does not…
Q: Your company plans to raise price on product A by 5% per year. Due to competition, sales volume from…
A: Introduction Our business intends to increase the cost of Item A by 5% annually. The volume of sales…
Q: . How should Mr. Sinha approach this problem?
A: Warehouse: A warehouse is a structure for putting away merchandise. These centres are utilized by…
Q: Which of the following cost functions exhibits cost complementarity? why? A. -302 - 401 B. 5Q102 -…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: ABC manufactures produces two models purp B. It cast Rm40 A and / pump manufacture pump A and RM60…
A: Cost of Pump A: C1 = 40 RM Cost of Pump B: C2 = 60 RM Quantity estimated: Q1 = 500(P2-P1) = 500P2 -…
Q: Chambers Company has just gathered estimates forconducting a break-even analysis for a new…
A: Break-Even Point: It is the point of sales at which entity neither earns a profit nor suffers a…
Q: Al-Rawabi Company is an Omani firm offering different services. However, its main activity focuses…
A: Exchange rate risk is a risk that arises when investors deal with foreign currency. The value of any…
Q: Statement T or F 1. If you decrease the holding cost by (1/100)h, your EOQ will decrease by (1/10)h.
A: Hi Student, thanks for posting the question. As per the guideline, we are providing answer for the…
Q: A piece of property is purchased for 10,000.00 and yields a 1,000.00 yearly profit. If the property…
A: Given:- Property purchased=10,000 Yearly profit=1000 Time=5 years Rate=6% To calculate:- Minimum…
Q: 1) The management of Thompson Controls must decide between three processes for its model D…
A: We find out profits of both high quality product and low quality product, to decide which one should…
Q: Recently, a 10-year contract between Boeing Commercial Airplane Group (BCAG) and Thyssen Inc.—a…
A: BCAG's wisdom should not be questioned since these kinds of unforeseen events cannot be predicted in…
Q: How do the Modified Accelerated Cost Recovery System (MACRS) givetaxpayers a break?
A: The Modified Accelerated Cost Recovery System (MACRS) is a method used to determine the depreciation…
Q: I want to be earning an annual salary of $100,000 when I retire in 14 years. I have been offered a…
A: Present value of an Investment : PV = FV1+ rt PV is the amount/ salary you should request, FV…
Q: Mr. Ali offers to sell his poultry farm to Mr. Hassan for 5000 OMR Mr. Hassan made a counter- offer,…
A: Contract: It is an agreement between two parties that creates mutual legal obligations.
Q: A contract has been signed to lease a building at P20,000 per year with an annual increase of P1,500…
A: Lease amount = P20,000 Annual increase = P1500 Time period = 8 years
Q: A factory engaged in the fabrication of an automobile part with a production capacity of 10,742…
A: Given; Production capacity= 10742 units per year Operating capacity= 62% Annual income= P485124…
Q: Elmo borrowed $30,000 from the Statler & Waldorf Bank at 12% APR, compounded monthly. The loam is to…
A: here we calculate monthly loan payment amount by following method as follow;
Q: $600,000, the equipment costs $250,000, and $100,000 working capital is required. It is ex- pected…
A: Total first cost = 300,000 + 600,000 + 250,000 + 100,000 = 1,250,000 Annual net benefit = sales -…
Q: Johnson Controls spent more than $2.5 millionretrofitting a government complex and installing…
A: We will calculate IRR in following manner to calculate rate of return : t Cost Revenue 0…
Q: 1. A shoe manufacturer produces a pair of shoes at a labor cost of P9.00 a pair and a material cost…
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
Q: Which of the folowing terms shows a fim's revenues, costs, and protit over a period of time? OA The…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: XY Inc. makes luxury hampers for sale in a first class department stores. The following financial…
A: Break even point is a point at which total cost and total revenue are equal. There is no net…
Q: An application was presented by a client to Meezan Bank seeking consent for the purchase of the…
A: Demand: It refers to those goods and services that is being demanded by the people. The more demand…
Q: ar sales for a dealer in Cook County, Illinois, for the past year are shown in the following table,…
A: The cost and quantity of labor and products in the commercial center not entirely settled by buyer…
Q: 4) A company produces a chemical at a rate of 1000 tons/year with a planned sale price of 0.8 TL /…
A: yearly production = 1000 tons = (1000 x 1000)kg = 10,00,000 kg yearly production cost = total…
Q: Commercial guarantee (Kafalah) is matter of discussion among Shariah scholars with respect to its…
A: Meaning of Fiduciary Agreement: The term fiduciary argument or the agreement refers to the…
Q: Lewis’s management has been considering movingto a new downtown location, and they are concerned…
A: Lease is a one type of a contract which is followed by two parties .It has a limited time .It is…
Q: Is it ever in the best interest of a marketer toencourage potential customers to carry out…
A: Individuals prefer high-quality product they do search for information to finalize the brand. The…
Q: Sandra Mahfood is one of 15 Grace distributors in the island. She has contracted with Kerry Foods…
A: Thanks for asking the query. As per the policy we will solve only 3 sub parts of the question. If…
Q: retailer of mobile phones in Australia that works 250 days in a year. The manager would like you to…
A: Economic order quantity (EOQ) is a computation companies perform that shows their ideal order size,…
Q: Once the break-even point has been reached, net income will increase by the unit contribution margin…
A: The Break-even point in an economy is where the total cost and total revenue are equal. There is a…
Q: XY Inc. produces certain product at a labor cost of $10 and material cost of $15 per unit. The fixed…
A: Given: Labor cost=$10 per unit Material cost=$15 per unit Fixed charges=$10000 per month Other…
Q: Calculate the untabulated i using two methods for ( F/P, 10.3%,45) Factor Formula (Put the final…
A: Given information (F/P,10.3%,45) Here interest rate=10.3% N=45
Q: Assume you have purchased a $15,000 car. The salesperson has offered you a mainenance contract…
A: Opportunity cost refers to the opportunity foregone or the valuation of the next best option, when…
Q: A car lease agreement requires the following: down payment $2500 first month’s payment $346…
A: down payment $2500 security deposit $330 freight & PDI $765 federal air tax $110…
Q: The gestation period between sowing crops and understanding income after the agricultural produce…
A: The aforementioned statement is true. Farmers require cash to pay for personal expenses such as…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- The division of a large office services company that makes high-end copiers recently signed a five-year, $25 million contract for IT services from CGI Group, a Canadian information technology company. If you were the manager of the division, how would you justify the long-term nature of your contract with CGI Group?How would you approach this issue if you were the manager in charge of sourcing raw materials for LEGO? How would PESTEL analysis inform your actions? What PESTEL challenges is LEGO trying to address by changing the raw materials used in its products? Explain what favorable PESTEL factors support LEGO’s efforts. for the lego projectE4 ACME Corporation produces a variety of products for its diverse customer base, including the jet-powered pogo stick and jet-propelled tennis shoes, both of which are essential for catching roadrunners. Currently, they produce 40,000 engines per year that are used in the production of these two products. As the production manager for thisproduct line, you have determined that last year’s costs to produce the engines included: $99,600 in direct material expenses, $298,800 in direct labor expenses, $224,100 in variable overhead costs (i.e. power to operate the equipment), and $116,200 in fixed overhead costs (i.e. utilities to keep the factory operational). ACME plans to produce these engines only for the next 6 years. If they produce the engines in-house, they anticipate that direct material costs will increase at a rate of 5% each year. Further, they anticipate that labor costs will increase at a rate of 6% per year and variable overhead costs will increase at a rate of 3% per year.…
- The BCY Corporation provides accounting services to a wide variety of customers, most ofwhom have had a business association with BCY for more than five years.BCY's demand is: P = 24,000 – 20Q, and BCY's marginal cost of service is: MC = 40Q.a. If BCY charges a uniform price for a unit of accounting service, Q, what price must itcharge per unit, and how many units must it produce per time period in order to maximizeprofit? Calculate the consumer surplus.b. If BCY could enforce first-degree price discrimination, what would be the lowest pricethat it would charge and how many units would it produce per time period?c. With perfect price discrimination and ignoring any fixed cost, what is total profit andwhat is the amount of consumer surplus?5 Pulsar Plc is considering of exporting its products to the Swedish market. It expects to earn an annual accounting profit of £200m from doing so. It has also the option to begin exporting to India, Brasil or South Africa, but it has the production capacity for only one of the four possible markets (including Sweden). The expected annual accounting profit for the above three markets is £250m, £200m, and £150m respectively. On the basis of this information, the economic profit of exporting to Sweden is equal to: a. -£50m. b. £0m. c. £50m. d. £200m.You are the marketing manager of the Business Unit (BU) that produces polystyrene (which is an input to making lightweight rigid foam). The current Demand/Supply balance, as measured by the ICIS price, is $800 per ton of polystyrene. The BU has 2 plants and can produce a total of 1800 tons. At full capacity utilization, the BU’s average variable cost equals $1300/t and its average total cost equals $1700/t. Plant 1 has a capacity of 600 tons and a marginal cost of $900/t. Plant 2 has capacity of 1200 tons and a marginal cost of $1500/t. Due to exit of one competitor, you expect next year’s polystyrene ICIS price to increase to $1200. How much volume of polystyrene do you expect to produce next year, ifany? 2.What is your expected contribution margin for nextyear? 3. What is your expected profit for nextyear?
- You are the marketing manager of the Business Unit (BU) that produces polystyrene (which is an input to making lightweight rigid foam). The current Demand/Supply balance, as measured by the ICIS price, is $800 per ton of polystyrene. The BU has 2 plants and can produce a total of 1800 tons. At full capacity utilization, the BU’s average variable cost equals $1300/t and its average total cost equals $1700/t.Plant 1 has a capacity of 600 tons and a marginal cost of $900/t. Plant 2 has capacity of 1200 tons and a marginal cost of $1500/t. Due to exit of one competitor, you expect next year’s polystyrene ICIS price to increase to $1200. 1. How much volume of polystyrene do you expect to produce next year, if any? 2. What is your expected contribution margin for next year? 3. What is your expected profit for next year?Sandra Mahfood is one of 15 Grace distributors in the island. She has contracted with Kerry Foodsto supply its chain of supermarkets with various Grace items.Ms. Mahfood’s contract, which is renewed annually, states: "You will be providing Kerry Foodswith your services, as and when they are required, during the term of the contract". Ms. Mahfoodoperates on her own time and is paid a salary of $10,000.00 plus travel expenses. She is responsibleto pay for her own statutory taxes and is not covered for damage to her health or damage she mightsustain or cause while providing the service to Kerry Foods.While supplying one of the supermarkets in Mainland, Ms. Mahfood failed to stop at a stop signin the parking lot and hit a pedestrian. This resulted in the pedestrian sustaining injuries.A. Identify the type of Contract between Sandra Mahfood and Kerry Foods. B. Distinguish between Contract of Services and Contract for Services. C. State whether the pedestrian can sue Kerry Foods for the…Isabel runs her family's small pineapple processing plant, which takes fresh pineapples and cuts them into pineapple rings, spears, and chunks. The capital stock of the firm consists of three machines of various vintages, each of which can process the pineapples into any of the three different forms. All of the machines are in excellent condition, and all machines can be running at the same time. Cost of processing per pineapple Maximum total capacity (pineapples) per day Machine 1 $ 0.10 250 Machine 2 0.25 400 Machine 3 0.50 500 (A) Assume that "cost of processing" includes all labor and materials, including the owner's wages. Assume further that Isabel's family signed a long-term contract (20 years) with a service company to keep the machines in good repair for a fixed fee of $1,825 per year, or $5 per day.1) Derive the firm's marginal cost curve.2) Derive the firm's total cost curve.(B) At a price of $0.40, how many pineapples would the company process?…
- Complete all of the following definitionsComplete the following table by calculating the contribution to profit and overhead for each of the 10 time periods and prices. Time Period Price Quantity Sold Total Contribution ($) (Million) ($ Million) 1 2,400 0.2 2 2,200 0.2 3 2,000 0.2 4 1,800 0.2 5 1,700 0.2 6 1,600 0.2 7 1,500 0.2 8 1,400 0.2 9 1,300 0.2 10 1,200 0.2 Over the 10 periods, the total contribution to profits and fixed costs from price skimming is million.To automate one of its production processes, theMilwaukee Corporation bought three flexible manufacturing cells at a price of $400,000 each. Whenthey were delivered, Milwaukee paid freight chargesof $20,000 and handling fees of $15,000. Site preparation for these cells cost $45,000. Six foremen, eachearning $20 an hour, worked five 40-hour weeks toset up and test the manufacturing cells. Special wiring and other materials applicable to the new manufacturing cells cost $3,500. Determine the cost basis(amount to be capitalized) for these cells.
