Answer:
Martinez Company
Ending inventory is:
= $8,806.
Explanation:
a) Data and Calculations:
Product Units Cost per Unit Market per Unit
Helmets 27 $ 55 $ 59
Bats 20 83 77
Shoes 41 100 96
Uniforms 45 41 41
Lower of cost or market value Valuation:
Product Units Cost per Unit Market per Unit LCM
Helmets 27 $ 55 $ 59 $1,485
Bats 20 83 77 1,540
Shoes 41 100 96 3,936
Uniforms 45 41 41 1,845
Total cost of ending inventory $8,806
Answer:
1. Calculate the NPV for each option available for the project. (Do not round intermediate calculations. Enter your answers in dollars, not millions of dollars, e.g. 1,234,567.)
- go to market now = $744,000
- focus group = $852,000
- consulting firm = $916,000
2. Which action should the firm undertake?
The NPV is higher than the rst of the options.
Explanation:
expected payoffs:
- option 1 (go to market now) = (40% x $1.86 million) + 0 = $744,000
- option 2 (focus group) = (55% x $1.86 million) + 0 = $1,023,000
- option 3 (consulting firm) = (70% x $1.86 million) + 0 = $1,302,000
expected NPVs:
- option 1 (go to market now) = $744,000
- option 2 (focus group) = $1,023,000 - $171,000 = $852,000
- option 3 (consulting firm) = $1,302,000 - $386,000 = $916,000
go to market now
Services can be classified according to whether they are delivered by people or equipment, or by business firms or nonprofit organizations.
<h3>What are services?</h3>
Services serves as the task or activities that is been delivered to the client in exchange if rewards.
Services can be different based on the organization performing it such banking sector , and classified according to whether they are delivered by people or equipment, or by business firms.
Learn more about services at:
brainly.com/question/25605883
Answer:
In percentage terms It wil lbe an increase of 60%
Explanation:
We will calculate as follow:
currently the revenue is 1.55
if the price goes up to 3.10 the demand falls by 20%
so we are reducing sales revenue by 20%
3.10 x ( 1 - 20%) = 3.10 x 0.8 = 2.48
Now we can calculate the percent of change in the water expenditure:
2.48/1.55 - 1 = 0.60
In percentage terms It wil lbe an increase of 60%
Answer:
Answer is option b i.e. large lot sizes to save on setup costs and to gain quantity discounts.
Explanation:
The just-in-time partnership is a Japanese management strategy that increases efficiency by minimizing the inventory to manufacture products with zero defects. Toyota was the first to use this strategy to increase the quality of the manufactured product by reducing wastes and increasing productivity. This strategy does not include large lot sizes to save on setup costs but rather focuses on buying only the required amount of inventory which is required for the production. Hence, the answer is option b.
