Select the best answer out of the five options below to fill in the blank: A is usually measured as the amount of money that must be paid to acquire goods and services. O a. product O b. cost O c. time O d. prediction e. goal
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- As the manager of Speedy Supermarket, answer the following questions. (Round dollars to the nearest cent and percents to the nearest tenth of a percent.) An advertisement has two 2 liter bottles and a 12 pack of "Bubbly-Cola". The top says "Speedy Supermarket." Moving down are the 2 liter bottles. Text around them is as follows. Sale 4/$5 2 Liter Bubbly-Cola Products Below the bottles is the 12 pack. Text around it is as follows. Sale $13/3 12 Pack Bubbly-Cola Products (a) If 2 liter Bubbly-Cola products cost Speedy $16.20 per case of 24 bottles, what is the amount of the markup (in $) and what is the percent markup on selling price per case? amount of the markup$ percent markup on selling price % (b) If 12 pack Bubbly-Cola products have a markup of $8.65 per case of six 12 packs at Speedy, what are the cost (in $) and the percent markup on selling price per case? cost$percent markup on selling price % (c) Why has Speedy Supermarket chosen to use markup based on…As the manager of Speedy Supermarket, answer the following questions. (Round dollars to the nearest cent and percents to the nearest tenth of a percent.) An advertisement has two 2 liter bottles and a 12 pack of "Bubbly-Cola". The top says "Speedy Supermarket." Moving down are the 2 liter bottles. Text around them is as follows. Sale 4/$5 2 Liter Bubbly-Cola Products Below the bottles is the 12 pack. Text around it is as follows. Sale $13/3 12 Pack Bubbly-Cola Products (a) If 2 liter Bubbly-Cola products cost Speedy $15.90 per case of 24 bottles, what is the amount of the markup (in $) and what is the percent markup on selling price per case? amount of the markup$ percent markup on selling price % (b) If 12 pack Bubbly-Cola products have a markup of $8.75 per case of six 12 packs at Speedy, what are the cost (in $) and the percent markup on selling price per case? cost$ percent markup on selling price % (c) Why has Speedy Supermarket chosen to use markup based on…e. What is the daily production rate for this product if the company adopts the balanceyou determined in part (c)? (Assume a six-hour day for your calculations.) Whatwould have to be done if the company wanted a higher rate of production?
- Elen Bright pondered how she could determine which decision had better performance. The luxury division, by meeting its financial targets, greatly added to the company’s overall financial health, and allowed TAP to report better results from the prior year. Turning by the economy division, she was satisfied with how they had positioned themselves to take advantage of anticipated growth in the economy segment, which contribute to TAP’s longterm financial performance.She sat back and thougt about her dilemma: “The more I look at the results, the more confused I become. I can’t decide which division has performed better.” Question: Diagnosis the problems in the balanced scorecard development process, that makes that gave confusing results.Please complete all work in excel. Use excel to make any necessary calculations and be sure to identify your answer, including units (if necessary). Answers that need formulas must have them within the answer cell to receive full credit. City is trying to determine future demand for their public pool in order to help with staffing decisions. City thinks that demand could be related to temperature in Fahrenheit. Below is the most recent data from the last two weeks. Pool Attendance Temperature (°F) 150 89 100 82 125 81 130 86 155 93 170 98 200 99 180 87 190 88 140 83 120 82 90 81 130 87 120 93 What is the regression equation? Use the equation to forecast pool attendance if temperature is 88°Advise a small farmer on how to become more effective, profitable and Sustainable in his farming operation. • •The farm covers 100ha – 50ha arable land and the rest natural pastures • •He/She plants maize (yield 2tons/ha), soybeans (yield 800kg/ha) • •He/She plant vegetables (massive pest pressure), but the quality is poor. • •He/She has a herd of 30 cows and 50 sheep. • •The farming operation is not profitable • •His/Her animals are very skinny during winter with hardly any pastures - so the calves are light and does not get good money at auctions The farm is in Villiers The farms have an average rainfall of 550mm to 600mm per year. This rainfall mainly takes place in the summer months in the form of typical Highveld thunder storms. The average temperature during the summer is 25°c, with temperatures in the winter averaging 14°c, but with morning lows of up to -13°c Use ideas on how you can incorporate precision farming on a small scale to make this farm…
- Edwards Machine Tools needs to purchase a new machine. The basic model is slower but costs less, while the advanced model is faster but costs more. Profitability will depend on future demand. The following table presents an estimate of profits over the next three years. Decision Low Medium High Basic Model $75,000 $95,000 $120,000 Advanced Model $60,000 $150,000 $260,000 Given the uncertainty associated with the demand volume and no other information to work with, how would you make a decision? Use the Excel template Decision Analysis and explain your reasoning.Which of the following sentences best summarizes the differences between the Red and Blue oceans strategies a. Red oceans are about avoiding head-to-head competition while blue oceans are about rivals fighting over a shrinking profit pool. b. Blue oceans represent all the industries in existence today while red oceans are those where companies beat competition c. In the red oceans, industry boundaries are defined and accepted and the competitive rules of the game are known. Blue oceans are occasionally created well beyond existing industry boundaries. d. All the options are validThe graphs shows the amount being paid in Social Security benefits and the amount going into the system. In 2004, the system’s income was $575 billion, projected to increase at an average rate of $43 billion per year. In which year will the system’s income be $1177 billion?The data for the system’s outflow can be modeled by the formulaB = 0.07x2 + 47.4x + 500,where B represents the amount paid in benefits, in billions of dollars, x years after 2004. According to this model, when willthe amount paid in benefits be $1177 billion? Round to the nearest year. How well do your answers model the data shown by the graphs?
- Consider the following series of independent situations in which a firm is about to make a strategic decision. LOADING... (Click the icon to view the decisions.) Requirements 1. For each decision, state whether the company is following a cost leadership or a product differentiation strategy. 2. For each decision, select what information the managerial accountant can provide about the source of competitive advantage for these firms. Requirement 1. For each decision, state whether the company is following a cost leadership or a product differentiation strategy. Decisions a. A running shoe manufacturer is weighing whether to purchase leather from a cheaper supplier in order to compete with lower-priced competitors. ▼ b. An office supply store is considering adding a delivery service that its competitors do not have. ▼ cost leadership strategy product differentiation strategy c. A regional retailer is deciding…Both Aldi and Target are two famous, large grocery chains in the United States. Their business models are a clear reflection of their competitive priorities. Which statement is true about their competitive priorities? Aldi is more focused on flexibility, while Target's focus is on quality. Aldi is more focused on time, while Target's focus is on innovation. Aldi is more focused on quality, while Target is more focused on cost. Aldi is more focused on cost, while Target's focus is on flexibility.ABC company wants to open one, two, or three shops. The average Profit varies with the demand in three categories low, medium and high. Determine which one is better using Maximax, Maximin, Laplace, Minimax regret. Demand Number of Shops 1 2 3 Low 150 175 200 Medium 100 200 200 High 0 170 400 I don't want the solution with excel