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- 4.1REQUIREDStudy the information given below and calculate the following if the sales manager’s proposal is accepted:4.1.1 Break-even quantity.4.1.2 The number of units that must be sold to achieve the company’s profit objective. INFORMATIONSirloin Enterprises manufactures a product that sells for R9 each. The company presently produces and sells 90 000 units per year. Total variable manufacturing costs and selling costs are R405 000 and R81 000 (10% of sales) respectively. Fixed costs are R226 440 for manufacturing overheads and R97 200 for selling and administrative activities.The sales manager has proposed that the price be increased to R10.80 per unit. The company’s profit objective is 10% of sales. 4.2 ENO Ltd, a pharmaceutical company, is seeking finance for the development of a vaccine aimed at reducing the spread the Corona virus. The company is seeking funding only from the public in the form of equity as well as long-term borrowing.In light of the above, critically discuss…Company B is a retailer of mobile phones in Australia that works 250 days in a year. The manager would like you to determine a minimum-cost inventory plan for an upcoming mobile phone to be launched in the market. They have collected the following information: • Annual demand: 700 phones • Phone cost: $1,793 each• Phone RRP: $1,949 each• Net weight: 169 g each • Tare weight: 61 g each• Annual inventory holding cost: 30%• Cost per order to replenish inventory: $82• Annual in-transit holding cost: 10%• Freight rate (per kg): $8.10• Freight rate (per consignment): $301.50 (i.e. handling fee, dangerous good fee, anlithium battery fee)• Time to process order for freight: 1 days • Freight transit time: 4 days Solve this problem using a non-linear programming (NLP) model and your model should generate only integer results for economic order quantity and the number of orders. 1. Economic order quantity for the phone in units and in kg 2. The total cost for purchasing the phones3. The total…The management believes that every 9% increase in the selling price of one of the company's products results in a 10% decrease in the product's total unit sales. The variable production cost of this product is ₱12.60 per unit and the variable selling and administrative cost is ₱4.90 per unit. The product's profit-maximizing price is closest to: a. ₱104.20 b. ₱19.11 c. ₱20.83 d. ₱96.12
- XYZ ltd buys 75000 glass bottles per year.Price of each bottles in Rs.0.90 . ost of purchase is Rs.100 per order.Cost of holding one bottle per year is Rs.0.20.Bank inerest is 15% including a charge for taxes and insurance.Find out EOQ quantityWhat can you say about negative and positive gross margin in sensitivity analysis______6 Mauro Products distributes a single product, a woven basket whose selling price is $17 and whose variable expense is $14.96 per unit. The company's monthly fixed expense is $3,672. a. Solve for the company's break-even point in unit sales using the equation method. b. Solve for the company's break-even point in dollar sales using the equation method and the CM ratio.
- If the profit function for selling smart phone screen magnifier is -4500p2 + 561500p – 11898000, what selling price should Pineapple Store use to maximize profits? $62.39 $264.40 $32.95 $7.37Q5) A firm is planning to manufacture a new product. The sales department estimates that the quantity that can be sold depends on the selling price. As the selling price is increased, the quantity that can be sold decreases. Numerically they estimate: P = $35.00 - 0.02Q where P =selling price per unit Q = quantity sold per year On the other hand, the management estimates that the average cost of manufacturing and selling the product will decrease as the quantity sold increases. They estimate C = $4.00Q + $8000 where C = cost to produce and sell Q per year The firm's management wishes to produce and sell the product at the rate that will maximize profit, that is, where income minus cost will be a maximum. What quantity should the decision makers plan to produce and sell each year?If company A manufactures t-shirts and sells them to retailers for US$9.80 each. It has fixed costs of $2625 related to the production of the t-shirts, and the production cost per unit is US$2.30. Company B also manufactures t-shirts and selll them directly to consumers. The demand for its product is p = 15 - (x /25) , its production cost per unit is US$5.00 and its fixed cost are the same as for company A. Revenue function for company A = R(x) = 9.8x Cost function for company A = C(x) = 2625+2.3x Profit function for company A = π(x) = 7.5x -2625 (iv) Using a spreadsheet, create a table for showing x, R(x)?, C(x) for company A in the domain x = 50, 100, 150, 200, 250, 300, 350, 400, 450. (v) Graph the functions from (iv) above on the same axes. (vi) From your graph, determine the break-even level of output for company A
- A firm has received an order from customer X to be executed for RO1,800 ( all inclusive). The order requires the following materials, labour etc. Materials Requirements In stock Book value Replacement cost per kg Realizable value per kg A 100kg 50kg RO 250 RO 7 RO 3 B 300kg 140kg RO 280 RO 3 RO 1 Labour: Department I : 10 hrs @ RO15 Department II : 8 hrs @ RO12 Variable Overhead : RO 150 Material A is regularly used by the firm and if used on this order has to be replaced for the use of other orders. Material B has no use and is the result of excessive purchase made for an order executed two years ago. Labour in department I is available for this order but labour in department II is fully engaged on another order which is earning a contribution of RO 20 per hour and if the order from X is to be executed, labour in department II has to be diverted from current operations. State whether the order received from customer X has to accepted.A producer of certified organic fresh basil leaves gets the yield presented in the table below based on weekly working hours. From experience, he knows he will harvest many pounds as he increases the working hours as shown in the below table. This producer is a price taker. Because of the quality of his fresh basil, he contracts his production with a top restaurant at $14.0 per lb. while paying $ 28 per working hour. The total fixed cost is $65. Weekly Working hours (input) Change in input used Yield in lb. (TPP) Change in TPP APP MPP Total Revenue Product (TRP) Total factor cost (TFC) Profit MRP MFC 0 0 10 32 20 68 30 108 40 144 50 176 60 196 70 212…3. Union Water Purification Company (UWPC) is evaluating two possible designs for a new production facility to replace their present obsolete facility. The total cost functions for the two facilities are: TC1 = 550,000 + 600Q TC2 = 300,000 + 825Q Both plants would produce an identical desalination device that sells for $2,600 per unit. UWPC foresees no change in demand and intends to estimate sales from an average of the last seven years: Year Sales ($000) 1,100 1,075 1,200 1,250 1,150 1,100 1,125 Calculate the operating leverage for both plant designs. Find the level of production at which neither plant design has an advantage. Considering the sales information given, which plant design has a greater probability of cost savings?