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!
In late September 2017, Apple Inc. (NYSE: AAPL) announced that it would be releasing three new models of its iPhone in the fourth quarter of 2017: the iPhone X, the iPhone 8 Plus, and the iPhone 8. In addition, it would continue to sell some of the older models.
iPhone X
iPhone 8 Plus
iPhone 8
iPhone 7
Sales price (base models)
$ 999
$ 799
$ 699
$ 649
Estimated direct materials (from IHS Markit and
Susquehanna International Group)
581
288
248
Estimated direct labor (assembly and testing)
8
5
Estimated retail packaging and shipping to warehouses/stores)
4
Total variable costs
594
297
257
Contribution margin per phone
$ 405
$ 502
$ 442
$ 392
Minutes of skilled labor required for assembly
7
3
To follow is a table containing price and cost estimates for the current three new iPhone models plus one older model. The estimated direct materials costs were developed by IHS Markit and Susquehanna International Group. Other listed costs and data are assumptions.
Question 1: Which iPhone model is the most profitable for Apple? Which metric are you using to gauge profitability? Defend your choice of metric.
Question 2: Assume that Apple has unlimited demand for every iPhone model. Which model should it emphasize to maximize profits if skilled labor is a scarce resource?
Question 3: Why might Apple offer several iPhone models rather than just the one most profitable model?
Calculate the amount of overhead allocated to small and large advertising campaigns under existing methods. 350 advertising campaigns the agency wins.
Was the CPA correct in suggesting that the company really earned a "profit" for the month?
Provide her with the specific information the standard quantity of material allowed for November production
1. What are the three types of management decisions? 2. Which type of management decision involves the cost volume profit analysis? 3. What type(s) of cost are included under conversion cost and prime cost?
Find the amount should Dayden Company report as interest expense for the year ended December 31, Year 1? Find the pension expense using the following amounts.
For each independent case, calculate amortization of the net loss or gain that should be included as a component of pension expense for the current year.
How much ending inventory of plastic should be reported on the company's balance sheet at September 30
Prepare a production budget and a direct manufacturing labor budget for Roletter Company by month and for the first quarter of 2013. Both budgets may be combined in one schedule.
the bank statement of stone supplies included a 300 nsf check that one of the stones customers had written to pay for
Prepare a partial income statement, beginning with income from continuing operations and classify the above items into the categories
What if you have $10,000 right now? How does this new information affect previous answer in (3)? What's new annual deposit amount you should make?
Jacob gives stock (basis of $900,000 and fair market value of $2.2 million) to Mandy. As a result of the transfer in 2013, Jacob paid a gift tax of $90,000. Determine Mandy's gain or loss if she later sells the stock for $2.3 million.
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