Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - The manager of a chain of electronics stores is considering running a sale on a Lexmark printer model that contains many popular features. The store buys these printers for $60 apiece and, at the regular price of $160, has been selling 48 of them per week. The manager is considering discounting the printer so that it sells for $120. Although this promotion would involve incremental advertising costs of $3,300, the manager has observed that each Lexmark printer sold generates increased sales of Lexmark ink cartridges (the store's average contribution margin for Lexmark ink cartridges is 64 percent). A regression analysis on this was carried out by the chain's research department. The analysis used sales of Lexmark ink cartridges (in dollars per week) as the DV. The sales level of Lexmark printers (in units per week) was an IV, and the coefficient of this IV equaled 18.750.
Required -
(a) Given this information, calculate the breakeven sales level for this promotional discount. Show your work.
(b) Give an example of a product interrelationship that the manager has failed to consider that might make this breakeven level overly optimistic.
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd