Need to see the formulations for the answers also.
Need to see the formulations for the answers also.
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Question 1(1 point)Tory Company sells a single product. Troy estimates demand and costs at various activity levels as follows:Units SoldPriceTotal Variable CostsFixed Costs120,000$48$3,000,000$1,000,000149,500$45$3,500,000$1,000,000160,000$40$4,000,000$1,000,000180,000$35$4,500,000$1,000,000200,000$30$5,000,000$1,000,000How much proFt will Troy have if a price of $45 is charged?Your Answer:Question 1 options:AnswerSaveQuestion 2(1 point)The ±alling Snow Company is considering production of a lighted world globe that the company would priceat a markup of 0.25 above full cost. Management estimates that the variable cost of the globe will be $62 perunit and Fxed costs per year will be $240,000.Assuming sales of 1,200 units, what is the full selling price of a globe with a 0.25 markup?Your Answer:Question 2 options:AnswerSaveQuestion 3(1 point)12
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A company believes it can sell 5,500,000 of its proposed new optical mouse at a price of $10.50 each. Therewill be $8,000,000 in Fxed costs associated with the mouse. If the company desires to make a proFt$2,000,000 on the mouse, what is the target variable cost per mouse?Your Answer:Question 3 options:AnswerSaveQuestion 4(1 point)Wizard Corporation has analyzed their customer and order handling data for thepast year and has determined the following costs:Order processing cost perorder$7Additional costs if order mustbe expedited (rushed)$8.50Customer technical supportcalls (per call)$12Relationship managementcosts (per customer per year)$1200In addition to these costs, product costsamount to 75% of Sales.In the prior year, Wizard had the following experience with one of its customers,Chester Company:34
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