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!
Case 5.2 Arrowmark Vending. Arrowmark Vending has the contract to supply pizza at all home football games for a university in the Big 12 athletic conference. It is a constant challenge at each game to determine how many pizzas to have available at the games. Tom Kealey, operations manager for Arrowmark, has determined that his fixed cost of providing pizzas, whether he sells 1 pizza or 4,000 pizzas, is $1,000. This cost includes hiring employees to work at the concession booths, hiring extra employees to cook the pizzas the day of the game, delivering them to the game, and advertising during the game. He believes that this cost should be equally allocated between two types of pizzas.Tom has determined that he will supply only two types of pizzas: plain cheese and pepperoni-and-cheese combo. His cost to make a plain cheese pizza is $4.50 each, and his cost to make a pepperoni-and-cheese combo is $5.00 each. Both pizzas will sell for $9.00 at the game. Unsold pizzas have no value and are donated to a local shelter for the homeless. Experience has shown the following demand distributions for the two types of pizza at home games:
Plain Cheese Demand
Probability
Pepperoni-and-Cheese Demand
200
0.1
300
0.15
400
0.2
500
0.25
600
700
800
0.05
900
Required Tasks: Use Excel to answer the following questions and submit your Excel file to Blackboard:1. For each type of pizza, determine the profit (or loss) associated with producing at each possible demand level. For instance, determine the profit if 200 plain cheese pizzas are produced and 200 are demanded. What is the profit if 200 plain cheese pizzas are produced but 300 were demanded, and so on?2. Compute the expected profit associated with each possible production level (assuming Tom will produce at only one of the possible demand levels) for each type of pizza.3. Prepare a short report that provides Tom with the information regarding how many of each type of pizza he should produce if he wants to achieve the highest expected profit from pizza sales at the game
William's son starts college in 11 years. Compute the monthly beginning of-the-period payment that is necessary to fund the current deficit
The required rate of return on the shares in the companies identified below is 9% pa. Calculate the current share price or ex-dividend
Use the template below to show the financial statement effects of the following events. Declaration and payment of the cash dividend on the preferred stock.
On July 1, 2014, Ghouls Unlimited leased a mobile haunted house to Skeptics, Inc. Prepare Ghouls' 7/1/14 journal entry or entries.
Prepare a post closing trial balance as of January 31, 2010 on the sheet. Prepare the income statement, statement of retained earnings and classified balance sheet as of January 31, 2010. Prepare the statements on the sheets.
There was $39.30 remaining in the petty cash box. Record the journal entry to replenish the petty cash fund on Mar. 31
Which of the following items should be classified as long-term operational assets? Yes or No. Inventory? Patent? Tract of timber? Land? Goodwill? Computer? Cash? Buildings? Production machinery? Account receivable? Prepaid rent? Franchise?
Assuming the lessor desires a 11% rate of return on its investment, calculate the amount of the annual rental payment required.
How much should the vice president and each division manager receive, respectively, if the vice president gets 3% and each division manager gets 1% of profit
Tramor doubles its production to 40,000 units while sales remain at the current 20,000-unit level, by how much would the company's gross profit increase or decrease under absorption costing?
Calculate the total manufacturing costs and the cost per unit of the windows produced during the month of March and calculate the total manufacturing cost and the cost per unit of the windows produced during the month of March
At the end of each of the next 5 years. How much would you still owe at the end of the first year, after you have made the first payment?
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