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!
1. Why do prices at Orlando's theme parks remain high despite seasonal and economic cyclical ups and downs? What type of strategic pricing is used by these theme parks?
2. Target Costing MaxiDrive manufactures a wide variety of parts for recreational boating, including a gear and driveshaft part for high-powered outboard boat engines. Original equipment manufactur- ers such as Mercury and Honda purchase the components for use in large, powerful outboards. The part sells for $610, and sales volume averages 25,000 units per year. Recently, MaxiDrive's major competitor reduced the price of its equivalent unit to $550. The market is very competitive, and Maxi- Drive realizes it must meet the new price or lose significant market share. The controller has assem- bled these cost and usage data for the most recent year for MaxiDrive's production of 25,000 units:
Budgeted Quantity
Budgeted Cost
Actual Quantity
Actual Cost
Materials
$ 6,500,000
$ 7,000,000
Direct labor
2,500,000
2,625,000
Indirect labor
2,400,000
Inspection (hours and cost)
920
300,000
1,000
350,000
Materials handling (number of
$13,130,000
$13,715,000
purchases and cost)
3,500
500,000
3,450
485,000
Machine setups (number and cost)
1,400
750,000
1,500
725,000
Returns and rework (number of times and cost)
300
80,000
500
130,000
Required
1. Calculate the target cost for maintaining current market share and profitability.
2. Can the target cost be achieved? How?
Elucidate what will happen to equilibrium cost and quantity of satellite TV service if wages of workers who provide satellite TV service increase while at same time cost of cable television service.
How might you construct a measure of the change in the price level. Illustrate what additional information might you need to construct your measure.
Loadstar Sensors is a company that makes load force sensors based on capacitive sensing technology. The company wants to have $47 million for a plant expansion 6 years from now.
Two firms compete for consumers who have aggregate Demand x=100-2P. Both firms have constant marginal costillustrate both firms' best response functions & indicate Illustrate what the outcome is for each firms'.
The manufacturer is especially concerned that customers who receive lousy service will blame the manufacturer if the machine breaks down, not the ISOs. How should the manufacturer address this problem?
Sally has set aside about $7500 for a down payment, and she has budgeted for a monthly payment of $900. She expects that her salary will increase about 5% per year in real terms,but she would like to use that increase for “fun” purposes. Sally is als..
Under the first plan he pays $0.25 per minute of connect time. Under the second plan, he pays a lump sum of $30 per month and only $0.10 per minute of connect time. Determine David's optimal consumption bundle and his choice between the two plans.
We said that an uncrowned country club golf course has aspects of public good.
Suppose a bank discovers its reserves will temporarily fall slightly short of those legally required. How might it remedy this situation through the Federal funds market? Now assume the bank finds that its reserves will be substantially and permanent..
The country Panjim has been growing at the rate of 8 percent annually following a series of economic growth reforms. Adelphia, a neighboring country, is also growing rapidly, How has the change in capital-labor ration affected efficiency? What propo..
You are buying a house for $300,000. The terms of the mortgage include a 30-year loan (fixed rate) and annual interest rate of 4.5%, compounded monthly, and a 20% cash down payment is required. What are your monthly payments on this loan?
Joe can make apple pie at a lower opportunity cost than Sandy but Sandy can make more apple pies per day than Joe.
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