- 1 36 Points Ebook Hint Print References Exercise 6a 1 Algo High Low Method Lo6 10 The Cheyenne Hotel In Big Sky Mon 1 (27.95 KiB) Viewed 16 times
- 1 36 Points Ebook Hint Print References Exercise 6a 1 Algo High Low Method Lo6 10 The Cheyenne Hotel In Big Sky Mon 2 (18.58 KiB) Viewed 16 times
- 1 36 Points Ebook Hint Print References Exercise 6a 1 Algo High Low Method Lo6 10 The Cheyenne Hotel In Big Sky Mon 3 (46.86 KiB) Viewed 16 times
- 1 36 Points Ebook Hint Print References Exercise 6a 1 Algo High Low Method Lo6 10 The Cheyenne Hotel In Big Sky Mon 4 (19.03 KiB) Viewed 16 times
- 1 36 Points Ebook Hint Print References Exercise 6a 1 Algo High Low Method Lo6 10 The Cheyenne Hotel In Big Sky Mon 5 (21.45 KiB) Viewed 16 times
- 1 36 Points Ebook Hint Print References Exercise 6a 1 Algo High Low Method Lo6 10 The Cheyenne Hotel In Big Sky Mon 6 (18.51 KiB) Viewed 16 times
- 1 36 Points Ebook Hint Print References Exercise 6a 1 Algo High Low Method Lo6 10 The Cheyenne Hotel In Big Sky Mon 7 (19.22 KiB) Viewed 16 times
- 1 36 Points Ebook Hint Print References Exercise 6a 1 Algo High Low Method Lo6 10 The Cheyenne Hotel In Big Sky Mon 8 (19.93 KiB) Viewed 16 times
- 1 36 Points Ebook Hint Print References Exercise 6a 1 Algo High Low Method Lo6 10 The Cheyenne Hotel In Big Sky Mon 9 (35.61 KiB) Viewed 16 times
- 1 36 Points Ebook Hint Print References Exercise 6a 1 Algo High Low Method Lo6 10 The Cheyenne Hotel In Big Sky Mon 10 (13.6 KiB) Viewed 16 times
nt int onces 2. What other factors in addition to occupancy-days are likely to affect the variation in electrical costs from month to month? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 4 Systematic factors like guests, switching off fans and lights. Number of days present in a month. Income taxes paid on hotel income. Seasonal factors like winter or summer. Fixed salary paid to hotel receptionist
Book Print erences Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Incorporated, has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below: Sales (13,300 units $20 per unit) Variable expenses Contribution margin Fixed expenses Net operating loss $ 266,000 133,000 133,000 148,000 $ (15,000) Required: 1. Compute the company's CM ratio and its break-even point in unit sales and dollar sales. 2. The president believes that a $6,900 Increase in the monthly advertising budget, combined with an intensified effort by the sales staff, will increase unit sales and the total sales by $90,000 per month. If the president is right, what will be the increase (decrease) in the company's monthly net operating income? 3. Refer to the original data. The sales manager is convinced that a 10% reduction in the selling price, combined with an increase of $37,000 in the monthly advertising budget, will double unit sales. If the sales manager is right, what will be the revised net operating income (loss)? 4. Refer to the original data. The Marketing Department thinks that a fancy new package for the laptop computer battery would grow sales. The new package would increase packaging costs by $0.60 per unit. Assuming no other changes, how many units would have to be sold each month to attain a target profit of $4,600? 5. Refer to the original data. By automating, the company could reduce variable expenses by $3 per unit. However, fixed expenses would increase by $54,000 each month. a. Compute the new CM ratio and the new break-even point in unit sales and dollar sales. b. Assume that the company expects to sell 20,100 units next month. Prepare two contribution format income statements, one assuming that operations are not automated and one assuming that they are. (Show data on a per unit and percentage basis, as well as in total, for each alternative.) c. Would you recommend that the company automate its operations (Assuming that the company expects to sell 20,100 units)? Complete this question by entering your answers in the tabs below.
Print References Complete this question by entering your answers in the tabs below. Req 1 Req 3 Req 5A Compute the company's CM ratio and its break-even point in unit sales and dollar sales. (Do not round intermediate calculations. Round "CM ratio" to the nearest whole percentage (i.e., 0.234 should be entered as "23"). Req 2 CM ratio Break-even point in unit sales Break-even point in dollar sales Req 4 Req 1 Req 5B Req 2 > Req 5C
Print erences commend that the Complete this question by entering your answers in the tabs below. Reg 1 any automate its operations Req 2 Req 3 -Reg 4 Req SA The president believes that a $6,900 increase in the monthly advertising budget, combined with an intensified effort by the sales staff, will increase unit sales and the total sales by $90,000 per month. If the president is right, what will be the increase (decrease) in the company's monthly net operating income? (Do not round intermediate calculations.) by < Req 1 Req 58 my that one company expects t Req 3 > Req SC
eferences Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3 Req 4 Req SA Req 58 Refer to the original data. The sales manager is convinced that a 10% reduction in the selling price, combined with an Increase of $37,000 in the monthly advertising budget, will double unit sales. If the sales manager is right, what will be the revised net operating income (loss)? (Losses should be entered as a negative value.) Revised net operating income (loss) < Req 2 Req 4 > Req SC
nces Req 1 Req 4 Req SA Refer to the original data. The Marketing Department thinks that a fancy new package for the laptop computer battery would grow sales. The new package would increase packaging costs by $0.60 per unit. Assuming no other changes, how many units would have to be sold each month to attain a target profit of $4,600? (Do not round intermediate calculations. Round final answer to the nearest whole unit.) Show less A Reg 2 Unit sales to attain target profit Req 3 < Req 3 Req 58- Req SA > Req 5C
ences Req 1 Reg 2 Reg 3 Req SC Refer to the original data. By automating, the company could reduce variable expenses by $3 per unit. However, fixed expenses would increase by $54,000 each month. Compute the new CM ratio and the new break-even point in unit sales and dollar sales. (Do not round intermediate calculations. Round "CM ratio" to the nearest whole percentage (i.e., 0.234 should be entered as "23") and other answers to the nearest whole number.) Show less A CM ratio Break-even point in unit sales Break-even point in dollar sales Reg 4 < Req4 Reg SA Req SB- Req 5B >
s Book Print ferences Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3 Refer to the original data. By automating, the company could reduce variable expenses by $3 per unit. However, fixed expenses would increase by $54,000 each month. Assume that the company expects to sell 20,100 units next month. Prepare two contribution format income statements, one assuming that operations are not automated and one assuming that they are. (Show data on a per unit and percentage basis, as well as in total, for each alternative.) (Do not round your intermediate calculations. Round your percentage answers to the nearest whole number.) Show less A Req 4 Total PEM, Incorporated Contribution Income Statement Not Automated Por Unit Req SA < Req 5A % Reg 58 Total Req 5C > Req SC Automated Per Unit
References Req 1 Req 2 Req 5A Refer to the original data. By automating, the company could reduce variable expenses by $3 per unit. However, fixed expenses would increase by $54,000 each month. Would you recommend that the company automate its operations (Assuming that the company expects to sell 20,100 units)? OYes ONO Req 3 Req 4 < Req 58 Req 58 Reg 0 > Reg SC