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2 years ago

As the athletic shoe buyer for Sports Authority, how would you go about forecasting sales for a new Nike running shoe?

Business

1 answer:

dybincka [34]2 years ago

3 0

Answer:

The answer is below

Explanation:

I would go about forecasting sales for a new Nike running shoe in the following ways:

1. Check past sales history: Examining Nike's sales history to check and differentiate which items have high sales well and those items that didn’t. This will help anticipate and forecast sales for the new Nike running shoe by putting it side by side with a similar product.

2. Conduct detailed market research: This is vital to predicting prospective sales in order to determine if the shoes will sell satisfactorily.

Making research to infer specifically the products, consumers wants will give Nike a current idea of what is in vogue. Thus, by conducting detailed research and discovering what their consumers prefer and disfavor, they will have the ability to predict sales for a new item.

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Three mutually exclusive design alternatives are being considered. The estimated sales and cost data for A B C Investment cost $

forsale [732]

Answer:

Alternative B has a higher annual worth

Explanation:

project A B C

initial outlay $30,000 $60,000 $50,000

units sold 15,000 20,000 18,000

selling price $3.50 $4.40 $4.10

var. costs $1 $1.40 $1.15

fixed expenses $15,000 $30,000 $26,000

salvage value $0 $20,000 $15,000

useful life 10 years 10 years 10 years

contribution $2.50 $3 $2.95

margin per unit

NCF 1 - 9 $22,500 $30,000 $27,100

NCF 10 $22,500 $50,000 $42,100

annual worth A = [-$30,000 x .2385 (A/P, 20%, 10 years)] + $22,500 = $15,345

annual worth B = [-$60,000 x .2385 (A/P, 20%, 10 years)] + $30,000 + [$20,000 x .0385 (A/F, 20%, 10 years) = $16,460

annual worth C = [-$50,000 x .2385 (A/P, 20%, 10 years)] + $26,000 + [$15,000 x .0385 (A/F, 20%, 10 years) = $14,652.50

6 0

2 years ago

Bentley Enterprises uses process costing to control costs in the manufacture of Dust Sensors for the mining industry. The follow

Kitty [74]

Answer:

Material Cost per equivalent unit =$4.87

Explanation:

<em>First in First out (FIFO)methods separates completed units into fully worked and opening inventory</em>

Fully worked units: These represent units of inventory that were started in a current period and completed that same period. The fully worked units are calculated in order to separate the opening inventory from the the newly introduced when accounting for completed units under the FIFO.

For Bentley , fully worked units is

Fully worked = Newly introduced - closing work in progress

= 100,000- 24,000 = 76,000 .

Opening inventory = 16,000

Item Units Equivalent Units

Opening inventory 16,000 × 40%= 9,600

Completed unit 76,000 × 100% = 480,000

Closing inventory 24,000 × 90% = <u> 21,600 </u>

Total equivalent units 107,200

Cost per equivalent unit = Total cost/ equivalent inits

= 54560 +468,000/ 107,200 = $4.87

Material Cost per equivalent unit =$4.87

5 0

2 years ago

Franklin Corporation issues $88,000, 10%, five-year bonds on January 1 for $92,000. Interest is paid semiannually on January 1 a

dusya [7]

Answer:

$4,000

Explanation:

The computation of interest expense to be recognized on July 1 is shown below:-

Here the interest is paid in semi-annually,

so, the interest rate per period= 10% ÷ 2 = 5%

and the number of periods = 5 × 2 = 10

Bond premium = Five year bonds - Issued amount

= $92,000 - $88,000

= $4,000

Bond premium amortization per period = Bond premium ÷ Number of periods

= $4,000 ÷ 10

= $400

Interest expense to be recognized on July 1 = Issued amount × Interest rate per period) - Bond premium amortization per period

= ($88,000 × 5%) - $400

= $4,000

4 0

2 years ago

The inverse demand for a homogeneous-product Stackelberg duopoly is P = 16,000 - 4Q. The cost structures for the leader and the

Zigmanuir [339]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

6 0

2 years ago

Grace sold her property. She had already paid the property taxes for the year. The closing date was October 1; however, the cont

vova2212 [387]

Answer:

1. Grace was credited for three months taxes.

Explanation:

We need to understand proration. The buyer needs to pay for the taxes the date the property is owed to him, and the seller needs to pay for the taxes till he is having the property. Now he has paid for a year, and the year ends on October 1st. However, he is going to owe the property until Jan 1st. And hence, Grace is credited with the 3 months taxes.

4 0

2 years ago