Answer:
120 pounds
Explanation:
Data provided in the question:
Plastic required to meet the production needs of a small toy = 100 pounds
Current plastic inventory = 10 pounds
Desired ending inventory = 30 pounds
Now,
The plastic to be budgeted for purchasing
= Plastic required to meet the production needs - Current plastic inventory + Desired ending inventory
= 100 pounds - 10 pounds + 30 pounds
= 120 pounds
Answer:
Answer 2 - Increase Warranty estimate percentages
Answer 3 - To Increase management bonus that is based on net income
Answer 4 - Increase warranty Estimate percentages
Explanation:
Answer 2 - Total Warranty was above their estimate, if they increase the percentage they will be closer to the actual
Answer 3 - Bonus is based on net income, the higher the net income the better your bonus, you can change this based on the percentage you estimate.
Answer 4 - the more they spend the less taxes they will incur.
Answer:
$2.28
Explanation:
You're now worried that the Veggie Burger may not be much of a profit-maker, so you decide to calculate its' Contribution Margin. You know that it costs you $4.67 to serve that burger. The menu price is $6.95. What is the Contribution Margin for the Veggie Burger
The contribution margin is the selling price- variable costs.
For veggie Burger,
selling price is $4.67
The variable cost is $6.95
Contribution margin is
= $6.95 - $4.67
=$2.28
Answer:
Taking into consideration only the income, the increase in unit sales will not increase the income of Honda. It can impact in other ways, like a decrease in inventory.
Explanation:
Giving the following information:
Honda Motor Company is considering offering an $1800 rebate on its minivan
New price $30200
Old price $28400.
The marketing group estimates that this rebate will increase sales over the next year from 42000 to 53900 vehicles.
Honda's profit margin with the rebate is $5650 per vehicle.
Normal price:
Income= (5650+1800)*42000= $312,900,000
New price:
Income= 5650* 53900= $304,535,000
Taking into consideration only the income, the increase in unit sales will not increase the income of Honda. It can impact in other ways, like a decrease in inventory.
