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ExtremeBDS [4]
2 years ago
7

Southeast u's campus book store sells course packs for $15.00 each, the variable cost per pack is $11.00, fixed costs for this o

peration are $300,000, and annual sales are 100,000 packs. the unit variable cost consists of a $4.00 royalty payment, vr, per pack to professors plus other variable costs of vo = $7.00. the royalty payment is negotiable. the book store's directors believe that the store should earn a profit margin of 10% on sales, and they want the store's managers to pay a royalty rate that will produce that profit margin. what royalty per pack would permit the store to earn a 10% profit margin on course packs, other things held constant?
Business
1 answer:
lina2011 [118]2 years ago
3 0
I think its either 21 or 2 but I'm not sure
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Johanna Reid, a campaign manager at a child rights organization, recently started working on an illiteracy project. During the p
gayaneshka [121]

Answer:

leading

Explanation:

Leading is one of the critical function of management that determine direction and motivation to the employee for achieve organizational goal. The leader is important in this function to keep employee engaging, motivated and participative in achieve organizational objective. Leaders should lead by example to influence others.

In the given case, Johannna Reid as a leader is trying to motivate and showing direction to achieve targets of project.

5 0
1 year ago
Carlos Consulting Inc. provides financial consulting and has collected the following data for the next year’s budgeted activity
ipn [44]

Answer:

1. 40%

2. $1140

Explanation:

1. The material loading charge usually covers the costs of purchasing, receiving, handling, and storing materials, plus any desired profit margin on the materials themselves and expressed as a percentage of the total estimated costs of parts and materials for the year.

Step 1

Compute the supply cost:

Supply cost = Supply clerk’s wages + Fringe benefits of supply + Related overhead of supply

Supply cost = $18,000 +  $4,000 + $20,000 = $42,000

Step 2

Calculate the material loading charge:

material loading charge = ((supply costs/Total estimated material cost)×100) + Profit margin on materials

Material loading charge = (($42,000/$168,000)×100) + 15%

Material loading charge = 25% + 15% = 40%

The material loading charge is 40%

2. Calculating the Client's bill

Step 1

Calculate the estimated consultant cost (ECC):

ECC = Consultants’ wages + Fringe benefits for consultant + Related overhead for consultant

ECC = $90,000 + $22,500 + $17,500 = $130,000

estimated consultant cost = $130,000

Step 2

Calculate the total price per consulting hours (PCH)

Cost per consulting hour = estimated consultant cost /Total estimated consulting hours

Cost per consulting hour =  $130,000/5,000 = $26

Price per consulting hours = Cost per consulting hour + Profit margin per hour

Price per consulting hours = $26 + $20 = $48

total price per consulting hours = Price per consulting hours × 20

total price per consulting hours = $48 × 20 = $960

Client's bill = total price per consulting hours + $180 of materials

Client's bill = $960 + $180 = $1140

The client's bill is $1140

3 0
1 year ago
Show that if the contribution to profit for trains is between $1.50 and $3, the current basis remains optimal. If the contributi
Dmitriy789 [7]

Answer:

210

Explanation:

Let us consider that x is the number of soldiers produced each week and y is number of trains produced each week.

Also, weekly revenues and costs can be expressed in terms of the decision variables x and y.

Then,

Hence the profit which we want to maximize is given by,

Now the constraints are given as,

Finishing Constraint:

Each week, no more than 100 hours of finishing time may be used.

Carpentry Constraint:

Each week, no more than 80 hours of carpentry time may be used.

Demand Constraint:

Because of limited demand, at most 40 soldiers should be produced each week.

Combining the sign restrictions and with the objective function  and constraints,and yield the following optimization model:

Such that,

First convert the given inequalities into equalities:

From equation (1):

If x=0 in equation (1) then (0,100)

If y=0 in equation (1) then (50,0)

From equation (2):

If x=0 in equation (2) then (0,80)

If y=0 in equation (2) then (80,0)

From equation (3):

Equation (3) is the line passing through the point x=40.

Therefore, the given LPP has a feasible solution first image

The optimum solution for the given LPP is obtained as follows in the second image

The optimal solution to this problem is,

And the optimum values are  .

Let c be the contribution to profit by each train. We need to find the values of c for which the current, basis remain optimal. Currently c is 2, and each iso-profit line has the form

3x +  2y = constant

y = 3x/2 +constant/ 2

And so, each iso-profit line has a slope of  .

From the graph we can see that if a change in c causes the isoprofit lines to be flatter than the carpentry constraint, then the optimal solution will change from the current optimal solution to a new optimal solution, If the profit for each train is c, the slope of each isoprofit line will be.

-3/c

Because the slope of the carpentry constraint is –1, the isoprofit lines will be flatter than the carpentry constraint.

If,

-3/c<-1

c >3

and the current basis will no longer be optimal. The new optimal solution will be point A of the graph.

If the is oprofit lines are steeper than the finishing constraint, then the optimal solution will change from point B to point C. The slope of the finishing constraint is –2.

If,

-3/c < -2 or

C < 1.5

Then the current basis is no longer optimal and point C,(40,20), will be optimal. Hence when the contribution to the profit for trains is between $1.50 and $3, the current basis remains optimal.

Again, consider the contribution to the profit for trains is $2.50, then the decision variables remain the same since the contribution to the profit for trains is between $1.50 and $3. And the optimal solution is given by,

z = 3× (20) + 2.5 × (60)

= 60 + 150

= 210

5 0
2 years ago
North Zone Bank gives all its customers a complimentary credit card along with a custom-made wallet when they open an account wi
Arte-miy333 [17]

Answer:

Peripheral Goods

Explanation:

According to my research on different business strategies and benefits, I can say that based on the information provided within the question these are examples of Peripheral Goods. These are useful physical items that have something to do with the business that is offering the product or service that you are buying.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
1 year ago
While running a program, Sasha enters a negative number when a positive value was expected. Which type of error is likely to occ
Eddi Din [679]

Answer:

I believe it's Logic

Explanation:

8 0
1 year ago
Read 2 more answers
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