Please only do Questions 1-7
Evergreen Corp. has provided the following data:
Sales per period 1,000 units
Selling price $40 per unit
Variable manufacturing cost $12 per unit
Selling expenses $5,100 plus 5% of selling price
Administrative expenses $3,000 plus 20% of READ MORE »
5. (TCO B) The following table shows part of the demand for tickets to a local sporting event:
a. Is demand elastic in the $3 - $6 price range?
b. Ed = 0.8 in the $6 - $10 price range. In this range o READ MORE »
I need to answer these two questions for homework and show my calculations.
Please see attached file for full problem description.
1) Suppose you are hired to manage a small manufacturing facility which produces Widgets.
a. You know from data collected on the Widget Market that market demand READ MORE »
ABC Corporation's budgeted monthly sales are $4,000. Forty percent of its customers pay in the first month and take the 3 percent discount. The remaining 60% pay in the month following the sale and don't receive a discount. ABC's bad debts are very small and are excluded from this ana READ MORE »
General Ford produces cars in Los Angeles and Detroit and has a warehouse in Atlanta. The company supplies cars to customers in Houston and Tampa. The costs of shipping a car between various points are listed in a file where a dash means that a shipment is not allowed. Los Angeles can produce up to READ MORE »