Please don't give image format (a)Analyze each of the proposals against the current situation to determine if it will help Robert achieve his profit goal. (Enter lossusing either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Round answers to 2 decimal places, e.g.5,125.25.)Option 1Option 2Option 3Option 4Option 1Option 2$Option 3$Show Transcribed TextOption 4$$After these initial discussions, Robert realizes that he has ignored any possible tax effects thus far. He estimates that his businesswill be subject to a 25% tax rate. Will any of the proposed scenarios allow him to reach an after-tax income goal of $9,000? If so,which one(s)? (Round answers to 2 decimal places, e.g. 5,125.25.)$Operating IncomeAfter-Tax Operating Income Reach After-Tax Income Goal?$$$-7944.753853.5006231NoĈNo vNoNo Robert shares the following information with you, as you ponder different scenarios to help your friend.Selling priceCost for paper, per unitCost for printing, per unitCost for film, per unitStaff salariesOther operating costs1.2.3.$6.804.0.750.90After thinking about it for a while, you suggest the following possibilities to help him turn things around.0.5047,00014,380Lower the selling price by 10% to increase sales volume by 5%.Advertise on the radio and with social media, for a combined cost of $1,000, to increase volume by 10%.Use a more affordable paper on which to print the posters (available for $0.60 per unit), in combination with a less-expensivefilm to cover the top of the poster (available for $0.40 per unit).Instead of paying the salespeople a fixed salary, move to a commission-based compensation plan (save $19,000 in salary;incur $1.45 per unit sold commission), which should increase sales volume by 20%.

According to the question given, we need to compute the net income.Cost, volume, and, profit…

Answered: Robert shares the following information…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 6PB: Karens Quilts is considering the purchase of a new Long-arm Quilt Machine that will cost $17,500 and...

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Karens Quilts is considering the purchase of a new Long-arm Quilt Machine that will cost $17,500 and will increase her fixed costs by $119. What would happen if she purchased the new quilt machine to realize the variable cost savings of $5.00 per quilt, and what would happen if she raised her price by just $5.00? She feels confident that such a small price increase will not decrease the sales in units that will help her offset the increase in fixed costs. Given the following current prices how would the break-even in units and dollars change? Complete the monthly contribution margin income statement for each of these cases.
As the owner of the small business, you are tasked to determine the right price for your product before you open your business. In your business, you have a fixed cost of ₱50 000, and the variable cost per unit is ₱100. Using the formula for the break-even point, you must analyze the number of units needed to produce to break-even. You must also observe what will happen to the break-even units as the price approaches zero or infinity.
Suppose your company sells a 3 pack of lenses that attach to smart phones to improve the quality of pictures people take. You pay 29.95 for each 3 Pack and sell them for 59.95. What is hyour Cost of Goods Sold Perrcentage for htis item? Suppose you sell 8,000 of the 3 pack of lenses described in question 3 above in one year. Your cost on each 3 pack is 29.95 and you sell them for 59.95. If your operating expenses for the year total 144,080, what are your net income and net profit margin percentage?
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Skip Consulting helped Schmidt Roofers put various cost saving techniques into place. Thecontract specifies that Skip will receive a flat fee of $70,000 and an additional $19,000 if Schmidtattains a target amount of cost savings. Skip estimates a 20% chance that Schmidt will reach thetarget for cost savings. Assuming that Skip uses the expected-value approach, what is thetransaction price for this product?a. $19,000b. $70,000c. $73,800d. $89,000
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