Consider Watto's junk shop from Problem 3 in Assignment 7. The Jawas require 10 credits (non-refundable) each day they go out looking for an engine. If they are successful in finding one, Watto will pay transport of the engine to his shop. It costs him about 160 credits in spare parts to repair the engine when it comes in. Watto estimates that an angry pilot (one that is unable to find an engine in Watto's shop) costs him about 100 credits in bad publicity. Watto sells all his engines for 1000 credits each. an additional 80 credits to complete the (a) What is the probability Watto has a full inventory? (b) What is the expected purchasing and restoration cost per day? (c) What is the expected total lost sales cost per day? (d) What is the expected gross revenue per day? (e) What is Watto's expected profit (including lost sales cost)?
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Business, 22.06.2019 07:30
When the national economy goes from bad to better, market research shows changes in the sales at various types of restaurants. projected 2011 sales at quick-service restaurants are $164.8 billion, which was 3% better than in 2010. projected 2011 sales at full-service restaurants are $184.2 billion, which was 1.2% better than in 2010. how will the dollar growth in quick-service restaurants sales compared to the dollar growth for full-service places?
Answers: 2
Business, 22.06.2019 23:30
Miller company’s total sales are $171,000. the company’s direct labor cost is $20,520, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $25,650 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. required: 1. what is the total manufacturing overhead cost? 2. what is the total direct materials cost? 3. what is the total manufacturing cost? 4. what is the total variable selling and administrative cost? 5. what is the total variable cost? 6. what is the total fixed cost? 7. what is the total contribution margin?
Answers: 3
Business, 22.06.2019 23:30
Sports leave thousands of college athletes with little time for their studies. this is an example of
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Business, 23.06.2019 00:00
Todd and jim learned that in building a business plan, it was important for them to:
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Consider Watto's junk shop from Problem 3 in Assignment 7. The Jawas require 10 credits (non-refunda...
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