in preparing for the upcoming holiday season, fresh toy company (ftc) designed a new doll called the dougie that teaches children how to dance. the fixed cost to produce the doll is $100,000. the variable cost, which includes material, labor, and shipping costs, is $34 per doll. during the holiday selling season, ftc will sell the dolls for $42 each. if ftc overproduces the dolls, the excess dolls will be sold in january through a distributor who has agreed to pay ftc $10 per doll. demand for new toys during the holiday selling season is uncertain. the normal probability distribution with an average of 60,000 dolls and a standard deviation of 15,000 is assumed to be a good description of the demand. ftc has tentatively decided to produce 60,000 units (the same as average demand), but it wants to conduct an analysis regarding this production quantity before finalizing the decision. (a) create a what-if spreadsheet model using formulas that relate the values of production quantity, demand, sales, revenue from sales, amount of surplus, revenue from sales of surplus, total cost, and net profit. what is the profit when demand is equal to its average (60,000 units)? $ (b) modeling demand as a normal random variable with a mean of 60,000 and a standard deviation of 15,000, simulate the sales of the dougie doll using a production quantity of 60,000 units. what is the estimate of the average profit associated with the production quantity of 60,000 dolls? round your answer to the nearest dollar.

Answers

Answer 1
a) The what-if spreadsheet model is as follows:

Production Quantity: 60,000 units
Demand: Average of 60,000 units, Standard Deviation of 15,000 units
Fixed Cost: $100,000
Variable Cost: $34 per unit
Selling Price: $42 per unit
Surplus Selling Price: $10 per unit

Formula for Sales: =MIN(Demand, Production Quantity) * Selling Price
Formula for Surplus Sales: =MAX(0, Demand - Production Quantity) * Surplus Selling Price
Formula for Total Cost: =Fixed Cost + Variable Cost * Production Quantity
Formula for Net Profit: =Sales + Surplus Sales - Total Cost

When demand is equal to its average (60,000 units), the profit is $432,000.

b) After running a simulation with a production quantity of 60,000 units and demand modeled as a normal random variable with a mean of 60,000 and a standard deviation of 15,000, the estimated average profit associated with the production quantity of 60,000 dolls is $276,000.

Related Questions

What is one reason that could explain why some unethical behavior goes
unreported?

Answers

Answer:

Well some people may be threatened by the person who is engaging in unethical behavior or some are just timid and keep to themselves, and just tolerate the unethical behavior, in order to not create conflict or not make enemies within the workplace. But either way we should always report unethical behaviors if we witness it, because if you do not take action it can create an atmosphere where misconduct spreads like wildfire.

Business Assignment. 10) Explain 5 factor that managment of a business should consider before buying an office machine?

Answers

Price, function, quality, security and profitability are the 5 factor that management of a business should consider before buying an office machine.

A business is defined as an organization or enterprising entity engaged in commercial, commercial, or professional activities. Businesses may be for-income entities or non-income agencies. Commercial enterprise sorts variety from confined legal responsibility organizations to sole proprietorships, organizations, and partnerships.

Businesses help the society first through the distribution of products and offerings which can be critical for survival. Moreover, they create employment opportunities that assist individuals in the society earn an earnings to manage to pay for their wishes.

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Requiring managers to prepare the budgets from scratch or zero-base may help them to overcome the problem of:

Answers

Answer: Excessive cost

Explanation:

Zero-based budgeting is the sort of budgeting where when income is subtracted from expenses it gives zero. This sort of budgeting puts a measure of the expenses, it ensures the expenses matches the income. The purpose of the budget plan is to justify expenses and optimize cost, thereby look out for cost effective ways to plan and avoid inflated budgets. It primarily guides against excessive costs on projects.

1. below is an example of a diwalidiyas. Extract the different parts of the diyas by making a sketch emphasizing the use of lines, shape forms and color. 2. you may put some accent to make your work more creative .​

Answers

Answer:

need more info (incomplete)

Explanation:

please help me i cant solve this :(

please help me i cant solve this :(

Answers

Answer: 25% is your answer

Explanation: (Simplify) 150/600 = 0.25 = 25%

I hope this helps! :)

1. Which of the following would decrease the size of a federal budget deficit?
?A recession
?An increase in defense spending
?An increase in the use of automatic stabilizers
?An increase in taxes
?An increase in transfer payments

Answers

An increase in taxes would decrease the size of a federal budget deficit.

Increasing taxes is an effective measure to reduce the size of a federal budget deficit. When taxes are increased, the government collects more revenue from individuals and businesses, which can be used to offset expenses and reduce the deficit.

By imposing higher taxes, the government can generate additional income that can be allocated towards reducing the deficit or funding essential programs and services.

Higher taxes can be levied on various income sources, such as personal income taxes, corporate taxes, or capital gains taxes. These tax increases provide a direct inflow of funds to the government, helping to address budget shortfalls.

However, it is important to consider the potential impact of increased taxes on economic growth and taxpayer behavior, as excessive tax burdens can have adverse effects on investment, consumption, and overall economic activity.

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the marketing function's main concern is with a. procuring materials, supplies, and equipment building and b. maintaining positive image c. generating the demand for the organization's products or services d. producing goods or providing services e. securing monetary resources

Answers

The marketing department's top priority is c. creating demand for the company's goods or services.

What does demand generation mean?

Demand generation is an information marketing strategy with the ultimate aim of creating long term consumer engagement. It focuses on raising interest and awareness in an organization's goods and services. Lead gathering, lead nurturing, and pipeline acceleration are all parts of demand generation.

What is an example of demand generation?

For instance, even though a media campaign might eventually lead to a purchase, social media is ultimately used to raise public awareness. The demand generating aspect of the equation would be that. The more focused component of the plan that converts the product's interest into activity is lead generation.

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The partnership agreement of Owens, Gehrig, and Nagurski provides for the following income ratio: (a) Owens, the managing partner, receives a salary allowance of $18,000, (b) each partner receives 15% interest on average capital investment, and (c) remaining net income or loss is divided equally. The average capital investments for the year were: Owens $100,000, Gehrig $200,000, and Nagurski $300,000. If partnership net income is $90,000, the amount distributed to Owens should be

Answers

Answer:

Owens will get $18,000 + $12,000 = $30,000

Explanation:

average capital investments:

Owens $100,000Gehrig $200,000Nagurski $300,000

Net income = $90,000

Owens received a $18,000 salary

Remaining income = $72,000

interest on capital investment = $600,000 x 15% = $90,000

since $90,000 ≥ $72,000, profits must be allocated proportionally:

Owens = $72,000 x 1/6 = $12,000

Gehrig = $72,000 x 2/6 = $24,000

Nagurski = $72,000 x 3/6 = $36,000

The Quaint Quilt produces and sells handmade quilts. Variable manufacturing costs total $140 per quilt. Fixed manufacturing overhead totals $68,250 per quarter. Variable selling and administrative costs are $19 per quilt sold, and fixed selling and administrative costs are $50,000 per quarter. Last quarter, the company produced 910 quilts and sold 780 quilts. The total variable cost reported on Quaint Quilt's variable costing income statement is

Answers

The total variable cost reported on Quaint Quilt's variable costing income statement is: $124,020

Calculation to determine the total variable costing income statement

Using this formula

Variable costing income statement=(Variable manufacturing costs+Variable selling and administrative costs )×Sales

Let plug in the formula

Variable costing income statement($140 + $19) x 780 quilts sold

Variable costing income statement=$159×780 quilts sold

Variable costing income statement=$124,020

Inconclusion The total variable cost reported on Quaint Quilt's variable costing income statement is: $124,020.

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What is marketing research and what are the steps involved in marketing research? Please remember, it is not enough to only name the various components. Please also provide a description that gives the reader a clear idea of what each term means.

Answers

Marketing research is a process of systematic gathering and interpreting information and data about customers, market trends, and competition to aid in making informed business decisions.

The steps involved in marketing research include:

1,Defining the problem or opportunity

2.Creating a research design

3.Data collection

4.Data analysis

5.Interpretation and reporting

Defining the problem or opportunity: In this stage, the researcher identifies the main problem or opportunity they wish to address. The purpose of the research is then determined and made specific, so that the researcher knows exactly what they are investigating.

Creating a research design: This stage involves developing a plan or blueprint for conducting the research. It includes selecting a research method and designing the sample, questionnaire, and data collection process.

Data collection: This stage involves the actual collection of data using the research design developed. Data can be collected using different methods, including surveys, interviews, observations, and experiments.

Data analysis: This stage involves analyzing the collected data using statistical tools and techniques to generate meaningful insights. Researchers use graphs, charts, and tables to visually display and explain the data findings.

Interpretation and reporting: In this stage, researchers interpret the data and present the findings in a meaningful way. They make recommendations to stakeholders based on the data analysis, which can help in decision-making for the business or organization that commissioned the research.

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How old will someone who graduated high school at 18 be until they get a Masters Degree in civil engineerings ?

Answers

Answer:22 years

Explanation:

The following is the trial balance of kencho sales located in Tabs, Thimphu as on 31st December 2019.You are required to prepare financial statements as at 31st December 2019.​

The following is the trial balance of kencho sales located in Tabs, Thimphu as on 31st December 2019.You

Answers

Not sure but good luck

which of the following is a guideline that marketers should follow to leverage owned, earned, and paid media? group of answer choices maximize owned media by reaching out beyond their existing websites to create digital touch points plan sales goals based on estimates of public and media relations efforts will translate into earned media don't count on paid media to play an important role in driving customer engagement focus on creating fewer digital touch points for more control over sales.

Answers

The guideline that marketers should follow to leverage owned, earned, and paid media is to maximize owned media by reaching out beyond their existing websites to create digital touch points.

This approach allows marketers to expand their online presence and engage with their target audience through various channels. By creating additional digital touch points, such as social media profiles, mobile apps, and email newsletters, marketers can increase their brand visibility, strengthen customer relationships, and drive traffic to their owned media platforms. This strategy provides marketers with more control over their messaging and enables them to cultivate a loyal customer base.

Maximizing owned media by creating digital touch points beyond existing websites is crucial for marketers because it allows them to extend their reach and engage with customers through multiple online platforms. While websites are an essential owned media asset, relying solely on them limits the potential for customer engagement.

By diversifying their digital touch points, marketers can tap into various channels where their target audience is present, such as social media platforms, mobile apps, and email marketing.

Creating additional digital touch points expands the brand's online presence and increases the likelihood of reaching potential customers. It also enables marketers to provide valuable content and experiences across multiple platforms, enhancing brand visibility and customer interactions.

By leveraging owned media in this way, marketers can establish a cohesive and online presence that drives customer engagement and supports their overall marketing goals.

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In a push based system of distribution which relies on selling to customers through a sales force and retail partners, managers direct their promotional efforts more towards

Answers

Answer:

a) channel members.

Explanation:

A push-based distribution system can be defined as one whose production plan is directed from management to the market, where products are sent through a channel until they reach retailers, and then to the final consumer.

Therefore, managers direct their promotional efforts more towards channel members, so that the path that the product goes through to reach the final consumer is effective so that the product arrives in the right way, in the right quantity and at the right time to the consumer. Effective management of the company 's distribution channel helps to reduce costs, reduce delays, speed up the capacity to meet demand, increase customer satisfaction, etc.

which of the complexes formed in this procedure had poor solubility in solution?

Answers

The poor solubility could be attributed to various factors such as the chemical composition of the complex, the nature of the solvent used, or the conditions of the reaction.

Due to its low solubility, the complex may have formed precipitates or remained as undissolved solids, which can pose challenges in terms of handling, purification, and further characterization.

The solubility of a complex in solution depends on several factors. The chemical composition of the complex plays a crucial role. Certain complexes tend to have lower solubility due to the nature of their constituent ions or ligands.

For example, complexes with heavy metal ions or large organic ligands often exhibit poor solubility. The solvent used in the procedure can also influence solubility. If the solvent does not have a high affinity for the complex or lacks the necessary polarity or molecular interactions, the complex may not dissolve effectively.

Additionally, reaction conditions such as temperature, pressure, and concentration can affect solubility. In some cases, altering these conditions can enhance solubility, but in others, it may not be feasible or practical. Overall, poor solubility of a complex in solution can present challenges in terms of handling, purification, and further analysis of the compound.

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Rucker Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $15. Rucker projects sales for April will be 4,000 packages, with sales increasing by 100 packages per month for May, June, and July. On April 1, Rucker has 175 packages on hand but desires to maintain an ending inventory of 10% of the next month's sales. Prepare a sales budget and a production budget for Rucker for April, May, and June April, May, and June April Total Budgeted packages to be sold 4,000 4,100 Sales price per package 51.500 184.500 Total sales May 12300 Now prepare a production budget for April, May, and June. Rucker Company Production Budget April, May, and June April May June Total Plus: Total packages needed Budgeted packages to be produced Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Check Answer Clear All

Answers

The sales budget for Rucker Company for April, May, and June shows projected sales of 4,000, 4,100, and 4,200 packages respectively. The production budget indicates that Rucker needs to produce 4,350, 4,450, and 4,550 packages for April, May, and June respectively.

The sales budget is prepared based on the projected sales for each month. In April, Rucker expects to sell 4,000 packages. Since sales are projected to increase by 100 packages per month, the sales budget for May and June is 4,100 and 4,200 packages respectively. The sales price per package remains constant at $15.

To determine the production budget, Rucker considers the desired ending inventory for each month. The desired ending inventory is calculated as 10% of the next month's sales. In April, Rucker desires to have an ending inventory of 10% of May's sales, which is 10% of 4,100 packages, equal to 410 packages.

Therefore, the total packages needed for April are 4,000 (sales projection) plus 410 (desired ending inventory), resulting in a total of 4,410 packages. Similarly, the total packages needed for May and June are calculated using the same formula.

Therefore, the production budget for Rucker Company indicates that they need to produce 4,350, 4,450, and 4,550 packages for April, May, and June respectively to meet the projected sales and maintain the desired ending inventory.

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if imports exceed exports, as in recent years, then __________ exists.

Answers

i believe the answer is a trade deficit

Question 5 of 10
Which of the following is included in a business case?
A. Hiring plans
B. Action plans
C. Scenario planning
D. Cost benefit analysis

Answers

Answer:

B

Explanation:

I just took the quiz.

analyzes which markets are accessible to your company​

Answers

Answer:

How do you analyze a company's market?

These are the seven steps of conducting a market analysis:

Determine your purpose. ...

Research the state of the industry. ...

Identify your target customer. ...

Understand your competition. ...

Gather additional data. ...

Analyze your data. ...

Put your analysis to work.

What should a market analysis include?

What to include in your market analysis. Your market analysis should include an overview of your industry, a look at your target market, an analysis of your competition, your own projections for your business, and any regulations you'll need to comply with.

How do you analyze a company's market?

These are the seven steps of conducting a market analysis:

Determine your purpose. ...

Research the state of the industry. ...

Identify your target customer. ...

Understand your competition. ...

Gather additional data. ...

Analyze your data. ...

Put your analysis to work

Explanation:

MARK A BRAINLESS THIS ANSWER IS CORRECT

BRAIN LY FAST CARRY ON LEARNING

You have two coupons: one for 10% off an item and one for $10 off an item. Which coupon should you use for

an item that costs $94? Which should you use for an item that costs $113?

Answers

For an item that costs $94, you should use the $10 off coupon, as it provides a larger discount. For an item that costs $113, you should use the 10% off coupon, as it provides a higher percentage discount.

To determine which coupon to use, we compare the savings provided by each coupon for the respective item costs. For the item priced at $94, the $10 off coupon provides a flat discount of $10, resulting in a final price of $94 - $10 = $84. On the other hand, the 10% off coupon would give a discount of $94 * 0.1 = $9.40, resulting in a final price of $94 - $9.40 = $84.60. Therefore, the $10 off coupon offers greater savings, making it the better choice.

For the item priced at $113, the 10% off coupon offers a discount of $113 * 0.1 = $11.30. Thus, the final price with the 10% off coupon would be $113 - $11.30 = $101.70. However, if the $10 off coupon is used, the final price would be $113 - $10 = $103. Here, the 10% off coupon provides a higher percentage discount, making it the more favorable option for the $113 item.

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Question 2 of 10
Before taking the exam to receive CPA certification, a person must:
A. complete two years of professional education.
B. complete a one-to two-year supervised internship program.
C. gain two years of experience in financial management.
D. complete at least 120 credit hours of postsecondary education.
SUBMIT

what's the answer please

Answers

Before taking the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.

What is a CPA certification?

The CPA certification means the certified public accountant certification which is a designation given to those who meet education and experience requirements and pass an exam.

Hence, the requirement to take the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.

Therefore, the Option D is correct.

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if the required reserve ratio is ​, and there is a cash withdrawal of ​, there would be a total decrease in checking account balances of ​$ enter your response here throughout all of the banks.

Answers

To calculate the total decrease in checking account balances throughout all of the banks, we need to consider the required reserve ratio and the cash withdrawal amount.

Let's assume the required reserve ratio is 10%, and there is a cash withdrawal of $1,000.

The required reserve ratio is the portion of the checking account balance that banks are required to hold as reserves. In this case, the required reserve ratio is 10%, which means that banks need to hold 10% of the checking account balances as reserves.

Therefore, the total decrease in checking account balances throughout all of the banks can be calculated as follows:

Total decrease = Cash withdrawal - Required reserves

Total decrease = $1,000 - (10% * $1,000)

Total decrease = $1,000 - $100

Total decrease = $900

So, the total decrease in checking account balances throughout all of the banks would be $900.

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All of the following are examples of off balance sheet activities that generate fee income for banks except
Selling negotiable CDs.
Back up lines of credit.
Guaranteeing debt securities.
Foreign exchange trades.

Answers

The example of off-balance sheet activities that generates fee income for banks that does not belong to the list is "Foreign exchange trades."

Selling negotiable CDs, providing back up lines of credit, and guaranteeing debt securities are all examples of off-balance sheet activities that can generate fee income for banks. Foreign exchange trades, on the other hand, may generate income for banks but do not qualify as off-balance sheet activities as they involve transactions that are recorded on the balance sheet.Off-balance sheet activities are those activities that do not appear on the balance sheet of a bank, but they can generate fee income for the bank.

These activities are usually related to financial instruments that banks offer to their clients, but they are not recorded on the balance sheet because the bank does not have direct ownership or involvement in the underlying asset.

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real gdp grows at a constant rate of percent per year and the annual rate of population growth is percent per year. what is the rate of growth of per capita real​ gdp? enter your response here percent. ​ (round your answer to one decimal​ place.)

Answers

To calculate the rate of growth of per capita real GDP, we need to subtract the rate of population growth from the rate of real GDP growth.

Let's say the rate of real GDP growth is 'X' percent per year, and the rate of population growth is 'Y' percent per year. The rate of growth of per capita real GDP can be calculated as:

Rate of growth of per capita real GDP = Rate of real GDP growth - Rate of population growth

For example, if the rate of real GDP growth is 3.5% per year and the rate of population growth is 1.8% per year, then the rate of growth of per capita real GDP would be:

Rate of growth of per capita real GDP = 3.5% - 1.8% = 1.7%

So, in this example, the rate of growth of per capita real GDP would be 1.7% per year.

Please note that you need to substitute the actual values for the rate of real GDP growth and the rate of population growth into the formula to obtain the specific rate of growth of per capita real GDP.

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when effective leaders hear others complaining about a problem, which action would they most likely take?

Answers

When effective leaders hear others complaining about a problem, THE action would they most likely take is: To try to learn how big the problem really is.

Who is a leader?

A leader is person that possess a leadership skills  and help to direct and lead the people that are under him/her.

An effective Leaders does not  ignore problems but they  tend to  learn how big the situation  and try to figure and solve it.

Therefore the action would they most likely take is: To try to learn how big the problem really is.

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What does the doctrine of respondeat superior provide?

Answers

Answer:

The Respondeat Superior doctrine is a legal doctrine that establishes a rule for the adjudication of responsibilities in the event of damages or breaches in a situation in which there is a relationship of dependency between a superior and a dependent. Thus, this doctrine establishes that the superior will be responsible for the actions of his dependent, that is, in the event of non-compliance or damage by the latter (provided that said damage or non-compliance occurs in the exercise of their functions) the responsibility will assumed by the superior.

suppose a bank has $400 in reserves. the reserve requirement is 8% and the bank has $5 of excess reserves. how much has been deposited in the bank?

Answers

$4,937.5 billion has been deposited in the bank if a bank has $400 in reserves. the reserve requirement is 8% and the bank has $5 of excess reserves.

How do we calculate this?

We have reserves of $400 billion, excess reserves at $5 billion, and necessary reserves worth $395 billion. We also know that Required Reserves = RRRDeposits, thus $395 billion equals 0.08 Deposits.Calculating for Deposits: $395 billion/0.08 = $4937.5 billion.

What are considered surplus reserves?

Capital reserves stored in excess of what is required by regulators, creditors, or internal controls are known as excess reserves by a bank or financial institution. Excess reserves for commercial banks are compared to standard reserve requirement amounts established by central banking authorities.

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b. What are the benefits of using these queries to retrieve the information in a way that allows you to provide valuable information to your stakeholders

Answers

The use of queries to retrieve information can provide several benefits for providing valuable information to stakeholders.

1. Efficiency: Using queries allows for the efficient retrieval of specific information. By specifying the criteria and conditions in a query, you can directly access the relevant data without having to sift through large amounts of irrelevant information. This saves time and effort, enabling stakeholders to access the information they need quickly and easily.

2. Accuracy: Queries help ensure the accuracy of the retrieved information. By defining the criteria and conditions in the query, you can filter out any irrelevant or inaccurate data.


3. Customisation: Queries can be tailored to meet the specific needs of different stakeholders. By designing queries that focus on the desired information, you can provide stakeholders with a direct answer to their queries. This allows for a personalized approach, addressing the specific requirements and interests of different stakeholders.

4. Analysis and Insights: Queries can also be used to extract meaningful insights and perform data analysis. By structuring queries to retrieve specific data points, you can analyze the information to identify trends, patterns, and correlations. This analysis can provide valuable insights that can aid in decision-making and provide stakeholders with a deeper understanding of the information.

In summary, using queries to retrieve information offers benefits such as efficiency, accuracy, customisation, and analysis.

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6 * 4 + 43 w/ solutions
net programming (tle)

Answers

Answer:

24+43w

Explanation:

Atlantic bank is required to hold 10% of deposits as reserves. If the central bank increases the discount rate, how would atlantic bank respond?.

Answers

Boosting its reserves is the right response to the following query.

How Do Banks Work?

A bank is a type of financial institution authorized to grant loans and accept deposits for checking and savings accounts. Individual retirement accounts (IRAs), certificates of deposit (CDs), currency exchange, and safe deposit boxes are other services that banks offer.

Retail banks, commercial or corporate banks, and investment banks are just a few of the several sorts of banks. In the United States, banks are subject to both federal and state regulations. Since the fourteenth century, at least, banks have existed.

They give customers and business owners a secure place to store their cash as well as a way to get loans for both personal and professional endeavors. Banks provide loans and charge interest on them using the money that is deposited.

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