Answer:
2,700
Question Extract:
Assume that Shannon’s is considering the introduction of a new craft beer called Irish Stout that will be derived from its award winning Irish Red. Initially, Irish Stout will only be sold “on premise” at the brewery. Currently, pints of Irish Red consumed on premise sell for $5.00 per pint with unit variable costs of approximately $2.75 per pint. Variable costs are predominantly comprised of the costs of ingredients and utilities that directly affect the brewing process. The new craft beer will be positioned at a slightly higher price, $5.25 per pint and its unit variable costs will be about $3.25 due to the higher cost of some ingredients. The relevant price, cost, and margin data are below. Irish Red Irish Stout Price $ 5.00 $ 5.25 Unit Variable Costs $ 2.75 $ 3.25 Unit Contribution $ 2.25 $ 2.00
Explanation:
Assume that Irish Red’s sales without the introduction of Irish Stout are expected to be 1,200 units. Since the unit contribution for Irish Red is $2.25 per unit, the overall resulting contribution will be 1,200 x $2.25 = $2,700
The anticipated profit (contribution dollars) per month associated with sales of Shannon’s Irish Red assuming that the Irish Stout is not introduced is 2,700.
Answer:
4.56%
Explanation:
From the given information:
In a c-chart limit
UCL = 
where;
UCL = 24
Then:
z 
2.0
At z = 2.0, the value represents the probability of 95.44% of not making a Type 1 error.
This implies that the probability of making a Type 1 error = 1 - 95.44%
= 4.56%
Answer:
All of them:
- I. commercial banking
- II. corporate finance
- III. financial planning
- IV. insurance
Explanation:
People who work in commercial banks regularly deal with clients that need money to start a new business or expand an existing one, not all businesses are huge corporations that only go to large investment banks.
Anyone that works in finance must understand the investment environment, since the core task of finance is dealing with the value of money and time.
Insurance companies also deal with financial issues and investments.
We are given with the data that the original cost of the car is $15000. However Alisha wants to pursue the whole payment for five years thus a 6 percent interest rate is given. The formula for finding the total cost is TC = 15000* (1+0.06)^5. The answer is $20,073.39
Answer:
If your Costco appliance delivery goes through Innovel, they have delivery windows Monday through Saturday. However, it can take three to four weeks before they receive Costco's item – which is way longer than the promised ten days.
