Margaret Williams, production manager at Williams Manufacturing, finds her profits at $15,000 inadequate for her business. The b
ank is insisting on an improved profit picture prior to an approval of a loan for some new equipment. Margaret would like to improve the profit line to $25,000 so she can obtain the approval for the loan. Given the information below and using a Supply Chain Strategy, what percentage change of their Cost of Supply Chain Purchases would need to be reduced to achieve a $25,000 profit
1 answer:
Answer:
22.22%
Explanation:
The calculation of percentage in sales is shown below:-
Increase in profit required = $25,000 - $15,000
= $10,000
To achieve a profit $10,000, the required sales increases
= $10000 ÷ 18%
= $55,555.55
Percentage increase in sale = Required sales ÷ Sales of current situation
= $55,555.55 ÷ $250,000
= 22.22%
So, for computing the percentage increase in sales we simply applied the above formula.
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Answer:
7324
Explanation:
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Cost is the amount of spending on a product or service. The lifetime cost of the dishwasher was $1029.8 which is $1030 approximately.
<h3>What is the cost?</h3>Cost is the amount incurred on acquiring a product or using a service. Cost is the value of the product or service.
The lifetime value of an asset is the total expense incurred on the asset from acquisition till disposal.
The lifetime cost of the dishwasher will be the sum of its cost, sales tax, and water and electricity charges for 6 years.
The water and electricity charges are $0.09 and $0.13 per use. The total number of times the dishwasher is used can be calculated as:
The number of use per week are 10, number of weeks in a year are 52, and number of years of use are 6.
Therefore, the water and electricity charges will be:
The cost of the dishwasher will be a combination of its purchase price and sales tax. Therefore:
The lifetime cost of the dishwasher will be:
Therefore the correct option is A.
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