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Choose an item that you would like to manufacture. You do not actually need to manufacture something, but will proceed through the assignment as if you were planning on manufacturing the item you have selected. The product should require materials and labor and be something that you are familiar with in process from start to finish. The product must be useful and marketable. You can choose something as simple as making chocolate chip cookies, a type of craft, or something more complicated. Consider production as if you were making the product from beginning to end, and not as if using a kit.Perform the following steps: 1.Choose a product to manufacture and to describe the manufacturing process.2.Prepare the following budgets for 1 quarter broken down monthly regarding your chosen item: estimated sales budget, estimated direct materials budget, estimated direct labors budget, estimated manufacturing overhead budget, estimated selling and administrative expenses and an estimated income statement. 3.Classify all manufacturing costs and selling and administrative expenses as either variable or fixed.4.Prepare a contribution margin income statement separating all variable and fixed costs into their own categories.5.Determine the breakeven point in units and dollars. Also, determine the number of units and dollars that need to be sold to make a target profit of $5,000 a month.6.Identify what types of trends you should be aware of in the industry and who the primary competitors are.7.Answer the following question: If you had to improve the botXXXXX XXXXXne, what would you do and what concerns would you have going forward.8.Choose a piece of equipment that you might consider purchasing to increase production of your item and address the following questions: What types of capital budgeting factors would you look at when deciding whether to do this? What would be the relevant costs that you would consider in this decision?Your final project should be in the form of a paper using Microsoft Word that addresses each of these different areas. Steps #1, 6, 7 and 8 will be in paragraph form and Steps #2, 3, 4 and 5 will involve numerical calculations that should be put into the form of a table in proper format and included as part of the paper. You should show any calculations in either a table within Word or you can copy and paste your calculations directly from Microsoft Excel into Microsoft Word. Your paper should be 3-6 double-spaced pages (body of the paper) and should follow CSU-Global APA formatting. You should also cite any references that you use.
By how much does Bradford's required return exceed Farley's required return? Round your answer to two decimal places.
What is Babcock's times interest earned, if its total interest charges are $20,000, sales are $220,000, and its net profit margin is 6 percent? Assume a tax rate of 40 percent.
As loan analyst for Utrillo Bank, you have been presented the following data: Each of these corporations has requested a loan of $50,000 for 6 months with no collateral offered.
Kim want to separate on the declining value of RST Inc. If the price of RST is currently $60 and has decided to Short-Sell 800 shares; What will her A/C shares look like?
Round your answers to the nearest whole number.) Accounting break-even levels of sales = in n/r units NPV break-even levels of sales = in n/r units.
the baron basketball company bbc earned 10.00 a shares last year and paid a dividend of 6.00 a share.nbsp next year
What type of industries would make the most use of short-range, medium-range, and long-range forecasts?
Explain why the valuation models for a perpetual bond, preferred stock, and common stock with constant dividend payments (zero growth) are virtually identical.
what is the yield that Trevor would earn by selling the bonds today? (Round intermediate calculations to 4 decimal places, e.g. 1.2514 and final answer to 2 decimal places, e.g. 15.25%.)
1. Suppose the Fed wants to raise the nominal interest rate. Explain the three available mechanisms the Fed can use to achieve this goal. In your answer, use a graph of the money market to show how the Fed's action translates into a higher nom..
The Feds have kept interest rates low in an effort to stimulate economic growth. How does this affect a company's use of long-term debt? How does this affect "you" as a consumer?
Both projects have a 10 percent cost of capital. Calculate the EAA for both projects and explain your rationale in selecting the best project.
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