subject
Business, 16.03.2020 22:34 KKHeffner02

Hau Lee Furniture, Inc., spends 50% of its sales dollars in the supply chain and finds its current profit of $24 comma 000 inadequate. The bank is insisting on an improved profit picture prior to approval of a loan for some new equipment. Hau would like to improve the profit line to $29 comma 000 so he can obtain the bank's approval for the loan. Current Situation Sales $80 comma 000 Cost of material $40 comma 000 (50%) Production costs $12 comma 000 (15%) Fixed cost $4 comma 000 (5%) Profit $24 comma 000 (30%) a) What percentage improvement is needed in the supply chain strategy for profit to improve to $29 comma 000? What is the cost of material with a $29 comma 000 profit? A decrease of nothing% in material (supply-chain) costs is required to yield a profit of $29 comma 000, for a new material cost of $ nothing. (Enter your response for the percentage decrease to one decimal place and enter your response for the new material cost as a whole number.)'

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:10
Of the roles commonly found in the development, maintenance, and compliance efforts related to a policy and standards library, which of the following has the responsibilities of directing policies and procedures designed to protect information resources, identifying vulnerabilities, and developing a security awareness program?
Answers: 3
question
Business, 22.06.2019 07:30
Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $
Answers: 3
question
Business, 22.06.2019 16:10
Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.
Answers: 2
question
Business, 22.06.2019 17:20
“strategy, plans, and budgets are unrelated to one another.” do you agree? explain. explain how the manager’s choice of the type of responsibility center (cost, revenue, profit, or investment) affects the behavior of other employees.
Answers: 3
You know the right answer?
Hau Lee Furniture, Inc., spends 50% of its sales dollars in the supply chain and finds its current p...
Questions
question
Mathematics, 18.04.2020 22:47
question
Mathematics, 18.04.2020 22:47
question
History, 18.04.2020 22:47
question
Mathematics, 18.04.2020 22:47
question
Geography, 18.04.2020 22:47