subject
Business, 06.08.2019 17:10 welathyasf

Problem 16-11 (algorithmic) in preparing for the upcoming holiday season, fresh toy company (ftc) designed a new doll called the dougie that teaches children how to dance. the fixed cost to produce the doll is $100,000. the variable cost, which includes material, labor, and shipping costs, is $34 per doll. during the holiday selling season, ftc will sell the dolls for $42 each. id ftc over produces the dolls, the excess dolls will be sold in january through a distributor who has agreed to pay ftc $10 per doll. demand for new toys during the holiday selling season is extremely uncertain. forecasts are for expected sales of 60,000 dolls with a standard deviation of 15,000. the normal probability distribution is assumed to be a good description of the demand. ftc has tentatively decided to produce 60,000 units (the same as average demand), but it wants to conduct an analysis regarding this production quantity before finalizing the decision. create a what-if spreadsheet model using a formula that relate the values of production quantity, demand, sales, revenue from sales, amount of surplus, revenue from sales of surplus, total cost, and net profit. what is the profit corresponding to average demand (60,000 units)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 12:00
Describe the three different ways the argument section of a cover letter can be formatted
Answers: 1
question
Business, 22.06.2019 20:10
Suppose the production function in an economy is y = k0.5l0.5, where k is the amount of capital and l is the amount of labor. the economy begins with 64 units of capital and 16 units of labor. use a calculator and equations in the chapter to find a numerical answer to each of the following questions. what are the wage and the rental price of capital? the wage is equal to unit(s) of output and the rental price of capital is equal to unit(s) of output.
Answers: 1
question
Business, 22.06.2019 21:00
Dozier company produced and sold 1,000 units during its first month of operations. it reported the following costs and expenses for the month: direct materials $ 69,000 direct labor $ 35,000 variable manufacturing overhead $ 15,000 fixed manufacturing overhead 28,000 total manufacturing overhead $ 43,000 variable selling expense $ 12,000 fixed selling expense 18,000 total selling expense $ 30,000 variable administrative expense $ 4,000 fixed administrative expense 25,000 total administrative expense $ 29,000 required: 1. with respect to cost classifications for preparing financial statements: a. what is the total product cost
Answers: 2
question
Business, 23.06.2019 00:40
Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. you presently have $69,000 to invest. what annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers: 2
You know the right answer?
Problem 16-11 (algorithmic) in preparing for the upcoming holiday season, fresh toy company (ftc) de...
Questions