The Copy Department in the College of Business at State University provides photocopying services for both...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The Copy Department in the College of Business at State University provides photocopying services for both the Marketing and Economics Departments. The following budget has been prepared for the year. Available capacity 7,400,000 pages Budgeted usage: Marketing 4,900,000 pages 2,450,000 pages $159,000 + $0.030 per page Economics Cost equation If the Copy Department uses a dual rate for allocating its costs based on usage, how much cost will be allocated to the Marketing Department? Multiple Choice $126,500. $147,000. $253,000. $222,000. The Variable Speed Company manufactures a line of high quality tools. The company sold 1,170,000 hammers at a price of $5.7 per unit last year. The company estimates that this volume represents a 25% share of the current hammers market. The market is expected to increase by 5%. Marketing specialists have determined that, as a result of a new advertising campaign and packaging, the company will increase its share of this larger market to 30%. Due to changes in prices, the new price for the hammer will be $6.00 per unit. This new price is expected to be in line with the competition and have no effect on the volume estimates. What are the estimated sales revenues in the coming year? Multiple Choice $8,402,940. $8,424,000. $9,287,560. $8.845,200. The Copy Department in the College of Business at State University provides photocopying services for both the Marketing and Economics Departments. The following budget has been prepared for the year. Available capacity 7,400,000 pages Budgeted usage: Marketing 4,900,000 pages 2,450,000 pages $159,000 + $0.030 per page Economics Cost equation If the Copy Department uses a dual rate for allocating its costs based on usage, how much cost will be allocated to the Marketing Department? Multiple Choice $126,500. $147,000. $253,000. $222,000. The Variable Speed Company manufactures a line of high quality tools. The company sold 1,170,000 hammers at a price of $5.7 per unit last year. The company estimates that this volume represents a 25% share of the current hammers market. The market is expected to increase by 5%. Marketing specialists have determined that, as a result of a new advertising campaign and packaging, the company will increase its share of this larger market to 30%. Due to changes in prices, the new price for the hammer will be $6.00 per unit. This new price is expected to be in line with the competition and have no effect on the volume estimates. What are the estimated sales revenues in the coming year? Multiple Choice $8,402,940. $8,424,000. $9,287,560. $8.845,200.
Expert Answer:
Answer rating: 100% (QA)
Answer 253000 Explanation According to the scenario computation of the given data are as follows Tot... View the full answer
Related Book For
Operations Management Creating Value Along the Supply Chain
ISBN: 978-0470525906
7th Edition
Authors: Roberta S. Russell, Bernard W. Taylor
Posted Date:
Students also viewed these general management questions
-
The Dean of the College of Business at State University has initiated a fund raising campaign. One of the selling points she plans to use with potential donors is that increasing the colleges private...
-
The dean of the College of Business at State University wants to monitor the quality of the work performed by the colleges secretarial staff. Each completed assignment is returned to the faculty with...
-
The copy center at the college of business at State University has become an increasingly contentious item among the college administrators. The department heads have complained to the associate dean...
-
1. As shown by point D in Fig 3.1, the volume of an ideal diatomic gas is 2.00L at standard condition (STP, T=273.15K, P=101.3kPa). The gas is heated to A with its volume conserved, expands...
-
Assume that you work for a corporation and discover that news of a new product it developed had contributed greatly to the recent rise in its stock price. Your companys new product has been rendered...
-
Calculate your personal digital footprint at http://www.emc.com/digital_universe/downloads/web/personal-ticker.htm.
-
For any steady flow the streamlines and streaklines are the same. For most unsteady flows this is not true. However, there are unsteady flows for which the streamlines and streaklines are the same....
-
The following transactions apply to Bialis Co. for 2012, its first year of operations. 1. Issued $100,000 of common stock for cash. 2. Provided $86,000 of services on account. 3. Collected $75,000...
-
Evaluate the principles of crystallization in microgravity environments, considering how reduced gravitational forces impact nucleation, growth, and aggregation, and discussing the potential for...
-
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: During January 2021, the following transactions occur: January 2 Issue an additional 2,000...
-
Part 2: Complete the following calculations Quantity Price Total Revenue Marginal Revenue 0 $22 1 $20 2 $18 3 $16 4 $14 5 $12 6 $10 7 $8 8 $6
-
Sketch the root loci for the control system shown in Fig. P5.5(a). Determine the range of parameter \(\mathrm{K}\) for stability. Apply the angle criterion to show that root locus branches consist of...
-
If all the system initial conditions are zero, find the Laplace transform of the output for given system inputs in Fig. P3.5. \[ \begin{aligned} & r_{1}(t)=3 e^{-t} \\ & r_{2}(t)=4 u(t) ; u(t) \text...
-
The closed-loop system shown below is subjected to a disturbance \(\mathrm{N}(\mathrm{s})\). The transfer function \(\mathrm{C}(s) / \mathrm{N}(s)\) is given by (a) \(\frac{\mathrm{G}_{1}(s)...
-
An electromechanical closed-loop control system has the following characteristic equation \[ s^{3}+6 \mathrm{~K} s^{2}+(\mathrm{K}+2) s+8=0 \] where \(\mathrm{K}\) is the forward gain of the system....
-
While forming Routh's array, the situation of a row of zeros indicates that the system (a) has symmetrically located roots (b) is not sensitive to variations in gain (c) is stable (d) unstable.
-
Explain how to get current debt-to-equity ratio and Asset Beta using an excel formula 010 Format Painter Clipboard A S BIU fix 1 2 Risk-free Rate (1-year T-bill yield) 3 Market Premium 4 tax rate 5...
-
In the operation of an automated production line with storage buffers, what does it mean if a buffer is nearly always empty or nearly always full?
-
Calculate the available-to-promise row in the followingmatrix. On hand 100 Forecast Customer Orders Master Production Schedule Available-to-Promis Period 1 35 6 50 100 50 100 50 100 50 125 75 175 45...
-
PM Computers is an international manufacturer of computer equipment and software. It is going to introduce a number of new products in the coming year, and it wants to develop marketing programs to...
-
Keisha has been inundated with product-of-the-month offers from various marketing companies. She is considering joining a club that allows DVDs to be downloaded from a members-only Web site, but cant...
-
Birth weights in the United States are normally distributed with a mean (in grams) of 3420 g and a standard deviation of 495 g. If you graph this normal distribution, the area to the right of 4000 g...
-
Is the distribution of those digits a normal distribution? Why or why not?
-
Many states have lotteries that involve the random selection of digits 0, 1, 2, ,
Study smarter with the SolutionInn App