Question: please help!!! 8:50 Goal 2 Analytical problem Solvers... Problem #1 Jack and Jill's Grocery is manufacturing a store brand chocolate bar that has a variable

please help!!! please help!!! 8:50 Goal 2 Analytical problem
8:50 Goal 2 Analytical problem Solvers... Problem #1 Jack and Jill's Grocery is manufacturing a "store brand" chocolate bar that has a variable cost of $0.75 per unit and a selling price of $1.25 per unit. Under the current system, fixed costs are $12,000 and current volume is 50,000 units. The Grocery can substantially improve the product quality by adding a new piece of equipment at an additional fixed cost of $5,000. Variable cost would increase to $1.00, but their volume should increase to 70,000 units due to the higher quality product. Should the company buy the new equipment? Explain and support your answer by showing all calculations - What are the break-even points in dollars and units for the two processes presented above? What volume of output will yield a profit of S35,000 under cach scenario? Problem #2 Crank and Battery Auto Works is a local auto repair shop operated by two brothers, Jim and Jerry. The brothers have been collecting data for the past 30 days on the type of work performed on customers' cars. The two brothers have hired you as a business manager and have asked you to summarize historical data collected using: (a) a histogram; (b) check sheet: (3) and Pareto diagram. You must also prepare a short report/analysis that summarizes your findings. Use excel to complete draw the histogram and Pareto Chart. TN TNT 12 7 T L 21 Lube 19T 100T

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