1) The operations of Ranger Corporation are divided into the Stargate Division and the Cosmos Division. Projections for the next year are as follows: Stargate Division Cosmos Division Total Sales $ 500,000 $ 360,000 $ 860,000 Less: Variable Costs 180,000 200,000 380,000 Contribution Margin $ 320,000 $ 160,000 $ 480,000 Less: Direct Fixed Costs 150,000 125,000 275,000 Segment Margin $ 170,000 $ 35,000 $ 205,000 Less: Allocated Common Costs 70,000 55,000 125,000 Operating Income (Loss) $ 100,000 $ (20,000 ) $ 80,000 Operating income for Ranger Corporation, as a whole, if the Cosmos Division were dropped would be 21) A) $120,000. B) $100,000. C) $80,000. D) $45,000

Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x,y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.

Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?