Quantity 1-500 motors 501-1,000 motors 1,001-2,000 motors Net Price $16 16 16 Rebate Shipping none $1.30 1.90 $1.40 1.00 0.70 lculate the cost of the motors, including shipping charges, for each category (in $). -500 motors $ 17.40
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- A company has three types of products: gadgets, widgets, and gizmos. The cost and market price of each type is listed below. Complete the table by applying the lower of cost and net realizable value (LCNRV). Do not enter dollar signs or commas in the input boxes. Description Category Cost NRV Individual LCNRV Applied to Category Total Gadget Type 1 Gadgets $1,170 $1,000 $ Gadget Type 2 Gadgets $5,700 $5,600 $ Total Gadgets Widget A Widgets $140 $150 $ Widget B Widgets $130 $190 $ Total Widgets $ tA Gizmo 1 Gizmos $2,280 $2,450 $ Gizmo 2 Gizmos $2,280 $1,630 $ Total Gizmos Total $ A $ EA SA SA EA ASuppose you are the purchasing manager for a company that manufactures scanners and other computer peripherals. Your vendor for scanner motors is now offering "quantity discounts" in the form of instant rebates and lower shipping charges as follows. Quantity Net Price Rebate Shipping 1-500 motors $16 none $1.50 501-1,000 motors 16 $1.30 1.10 1,001-2,000 motors 16 1.90 0.80 (a) Calculate the cost of the motors, including shipping charges, for each category (in $). 1-500 motors 2$ 17.50 501-1,000 motors 24 15.80 1,001-2,000 motors 24 14.90 (b) If you usually purchase 400 motors per month, what percent would be saved per motor by ordering 800 every two months? Round to the nearest tenth of a percent. 9.7 % (c) What percent would be saved per motor by ordering 1,200 every three months? Round to the nearest tenth of a percent. 14.9 (d) How much money (in $) can be saved in a year by purchasing the motors every three months instead of every month? $ (e) What other factors besides price…Example 14: CVP Analysis Application: For example, sale price of one laptop is $500, sales revenue=500Q; Assume that expense is Y=a+bx=$80,000+300Q. We can draw two lines to assume Horizontal line (X) is the units sold Q and Vertical line (Y) is dollar sales $. We need to draw a graph using this information
- Assume you want to purchase a used MacBook pro which is priced at AED 4,500. You are able to negotiate and purchase it for AED 4,300. However, you think that the macbook is worth AED 4,200. According to historical cost principle, what is the actual cost of the item?You are creating part of an Excel model that will set the price of an item based on whether the customer is a preferred customer or not. The partially completed model in the attached file. <-- Click here to download the Excel file. In cell B6, you will enter the formula that will use this logic:When preferred status is Yes, the price is the preferred price. Otherwise the price is the regular price. Customer ID: 68YJW Prices: Regular $26.95 Customer Name Reggie Greene Preferred $21.95 Preferred? Y/N: Yes Customer PriceCalculate Profit from the following data:Sales: $40000Material cost: $10000Labour cost: $10000Fixed cost: $8000.
- PQR enterprise wants to buy a machine. It receives offers for two models M and N. Data related to models are given below:Q. 8 Which following costs need to be considered for both make or buy options? O. Fixed overhead O. Variable overhead O. Rental revenue Q. 9 What is the per unit cost to purchase from the vendor? Round to the nearest penny. Q. 10 Based on your analysis, the CreativeStationary Co. should make the product in-house or buy them from the vender? O. Make O. Buy Do (Q8,9,10 plz)Choose the correct letter of answer Bautista Company produces and sells a particular home appliance. The variable cost (VC) per unit is P50. The unit selling price (SP) is P120 while fixed cost (FC) is P70,000. What is the revenue function in this case? a. C = 50x + 70,000b. P = 120x – 50x – 70,000c. R = 120x d. none of the above
- Suppose that you have been given a summer job as an Intern at Issac Alrcams, a company that manufactures sophisticated spy cameras for remote-controlled millitary reconnalssance alrcraft. The company, which is privately owned, has approached a bank for a loan to help finance its growth. The bank requires financlal statements before approving the loan. Requlred: Classify each cost listed below as elther a product cost or a perlod cost for the purpose of preparing financial statements for the bank. Costs Product Cost or Period Cost 1. Depreciation on salespersons' cars. 2. Rent on equipment used in the factory. 3. Lubricants used for machine maintenance. 4. Salaries of personnel who work in the finished goods warehouse. 5. Soap and paper towels used by factory workers at the end of a shift. 6. Factory supervisors' salaries. 7. Heat, water, and power consumed in the factory. 8. Materials used for boxing products for shipment overseas. (Units are not normally boxed.) 9. Advertising costs.…Identify the activity ratio of a computer shop is its Cost of Goods Sold is P12 million and the Average Inventory is P24 million.Show your solution, analyze and interpret your answer. Compute the return on asset of AR Grocery Store if the net profit after taxes is P10 million and its total assets is P100 million. Analyze and interpret your answer.Ortega Company manufactures computer hard drives. The market for hard drives is very competitive. The current market price for a computer hard drive is $54. Ortega would like a profit of $14 per drive. What target cost Ortega should set to accomplish this objective? Target cost $ per hard drive