{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-29T01:22:32-04:00", "answer_date": "2024-05-29 01:22:32", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1869584", "url": "\/study-help\/questions\/44-citrus-company-is-evaluating-2-independent-strategies-designed-to-1869584", "question_creation_date_js": "2024-05-29T01:22:32-04:00", "question_creation_date": "May 29, 2024 01:22 AM", "meta_title": "[Solved] 44 Citrus company is evaluating 2 indepen | SolutionInn", "meta_description": "Answer of - 44 Citrus company is evaluating 2 independent strategies designed to enhance profitability. You need to refer to the o | SolutionInn", "meta_keywords": "44,citrus,company,evaluating,2,independent,strategies,designed,enhance,profitability,refer,original", "question_title_h1": " 44 Citrus company is evaluating 2 independent strategies designed to enhance profitability. You need to refer to the original cost structure to evaluate these", "question_title": " 44 Citrus company is evaluating 2 independent strategies designed to enhance", "question_title_for_js_snippet": "44 Citrus company is evaluating 2 independent strategies designed to enhance profitability You need to refer to the original cost structure to evaluate these two independent strategies as outlined in 9 and 10 45 9 Strategy 1 This strategy is to purchase more automated processing equipment 46 This strategy would increase fixed costs by 47 This strategy would decrease variable costs to $100,000 25 of sales 48 What is the break even point in sales dollars for strategy 1 49 50 Prepare an updated Contribution margin income statement based on strategy 1 at the current sales level 51 52 Sales 53 Less Variable costs 54 Contribution margin 55 Less Fixed costs 56 Profit 57 $150,000 35 of sales 58 10 Strategy 2 This strategy is to outsource the fruit processing 59 This strategy would reduce fixed costs by 60 This strategy would decrease variable costs to 61 What is the break even point in sales dollars for strategy 2 62 63 64 Prepare an updated Contribution margin income statement based on strategy 2 at the current sales level Sales 65 66 67 Less Variable costs 68 Contribution margin 69 70 Less Fixed costs Profit 71 72 11 Describe one strength and one weakness for each of the strategies Recommend 73 to management which strategy you would recommend and why You need to provide a detailed response to earn credit 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90", "question_description": "\"image", "transcribed_text": "44 Citrus company is evaluating 2 independent strategies designed to enhance profitability. You need to refer to the original cost structure to evaluate these two independent strategies as outlined in #9 and #10. 45 9. Strategy #1. This strategy is to purchase more automated processing equipment. 46 This strategy would increase fixed costs by 47 This strategy would decrease variable costs to $100,000 25% of sales 48 What is the break-even point in sales dollars for strategy #1? 49 50 Prepare an updated Contribution margin income statement based on strategy #1 at the current sales level. 51 52 Sales 53 Less Variable costs 54 Contribution margin 55 Less Fixed costs 56 Profit 57 $150,000 35% of sales 58 10. Strategy #2. This strategy is to outsource the fruit processing. 59 This strategy would reduce fixed costs by 60 This strategy would decrease variable costs to 61 What is the break-even point in sales dollars for strategy #2? 62 63 64 Prepare an updated Contribution margin income statement based on strategy #2 at the current sales level. Sales 65 66 67 Less Variable costs 68 Contribution margin 69 70 Less Fixed costs Profit 71 72 11. Describe one strength and one weakness for each of the strategies. Recommend 73 to management which strategy you would recommend and why? You need to provide a detailed response to earn credit. 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90", "related_book": { "title": "International Marketing And Export Management", "isbn": "1292016922, 978-1292016924", "edition": "8th Edition", "authors": "Gerald Albaum , Alexander Josiassen , Edwin Duerr", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/652ce9c2c4de0_70261.jpg", "uri": "\/textbooks\/international-marketing-and-export-management-8th-edition-9781292016924", "see_more_uri": "\/textbooks\/business-people-management-3412" }, "free_related_book": { "isbn": "8190453017", "uri": "\/textbooks\/stay-hungry-stay-foolish-1st-edition-978-8190453011-241746", "name": "Stay Hungry Stay Foolish", "edition": "1st Edition" }, "question_posted": "2024-05-29 01:22:32", "see_more_questions_link": "\/study-help\/questions\/business-human-resource-management-2020-May-22", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/identify-the-five-number-summary-for-the-following-data-set-35", "description": "Identify the five number summary for the following data set: 35 24 54 2 36 23 16 43 59 55 28 81", "stars": 3 }, { "url": "\/sherron-watkins-the-whistleblower-at-enron-made-the-following-statement", "description": "Sherron Watkins, the whistle-blower at Enron, made the following statement at a conference that one of the authors attended: \"If anyone would have been watching the cash flows of Enron, they could...", "stars": 3 }, { "url": "\/what-aspect-of-how-foreign-operations-of-a-company-are", "description": "What aspect of how foreign operations of a company are organized is key to its U.S. tax liability?", "stars": 3.5 }, { "url": "\/study-help\/introduction-to-probability-statistics\/if-the-random-variable-x-has-density-f-x--1983972", "description": "If the random variable X has density f (x) = { x, 0 x \n \n \n \n Answered: 1 week ago", "stars": 3.5 }, { "url": "\/on-january-1-2012-hammermeister-inc-had-the-following-stockholders", "description": "On January 1, 2012, Hammermeister Inc. had the following stockholders equity account balances. Common Stock , no-par value (500,000 shares issued)....... $1,500,000 Common Stock Dividends...", "stars": 3 }, { "url": "\/study-help\/questions\/bond-x-is-a-premium-bond-making-semiannual-payments-the-9801822", "description": "Bond X is a premium bond making semiannual payments. The bond pays a coupon rate of 8 percent, has a YTM of 6 percent, and has 12 years to maturity. Bond Y is a discount bond making semiannual...", "stars": 3 }, { "url": "\/prepare-a-comprehensive-list-in-a-bullet-format-of-the-audit", "description": "Prepare a comprehensive list, in a bullet format, Of the audit risk factors present for the 1998 Just for Feet audit. Identify the five audit risk factors that you believe were most critical to the...", "stars": 3 }, { "url": "\/study-help\/questions\/9-bylaws-can-be-challenged-on-the-basis-of-unreasonableness-3271904", "description": "9. Bylaws can be challenged on the basis of unreasonableness. O True O False 9. Bylaws can be challenged on the basis of unreasonableness. O True @ False", "stars": 3 }, { "url": "\/study-help\/questions\/use-the-ml-practitioner-assessment-project-to-answer-this-question-1218496", "description": "Use the ML Practitioner Assessment project to answer this question. Which two of the following statements about the \"grade\" column in the schools_data dataset are true? It has a mean of 10.56 and a...", "stars": 3 }, { "url": "\/study-help\/questions\/cpprep4104-establish-buyer-re-lationships-nsw-item-10-1219168", "description": "= CPPREP4104 Establish buyer re lationships -NSW ? Item 10 of 13 You have received two (2) first home buyer enquiries via email - they have both filled out a buyer profile. Open and read through...", "stars": 3 }, { "url": "\/study-help\/questions\/use-the-ml-practitioner-assessment-project-to-answer-this-question-1220539", "description": "Use the ML Practitioner Assessment project to answer this question. Classification models establish a certain probability as a threshold. In the Evaluate recipe, if the model assigns a probability to...", "stars": 3 }, { "url": "\/study-help\/questions\/in-a-local-boutique-you-intend-to-buy-a-handbag-1220940", "description": "In a local boutique, you intend to buy a handbag with an original price of $38, a jacket with an original price of $189, and a scarf with an original price of $23. Currently, the store is running a...", "stars": 3 }, { "url": "\/study-help\/questions\/please-use-the-following-information-to-answer-the-next-question-1220968", "description": "Please use the following information to answer the next question: A US firm's Accounts Payables (in UK) due in 1 year GBP 5,000,000 Current Spot rate for GBP is $2.00 Annual interest rate in US is 5%...", "stars": 3 }, { "url": "\/study-help\/questions\/suppose-that-the-index-model-for-stocks-a-and-b-8283156", "description": "Suppose that the index model for stocks A and B is estimated from excess returns with the following results: R A = 3.8% + 1.25 R M + e A R B = 1.8% + 1.60 R M + e B M = 18.0%; R -square A = 0.24; R...", "stars": 3 }, { "url": "\/study-help\/practical-business-statistics\/what-is-the-mode", "description": "What is the mode?", "stars": 3 }, { "url": "\/study-help\/intermediate-accounting11th\/describe-the-accounting-procedures-for-research-and-development-costs-and-1644222", "description": "Describe the accounting procedures for research and development costs and for other similar costs.", "stars": 3 }, { "url": "\/study-help\/intermediate-accounting11th\/explain-the-accounting-issues-related-to-intangible-asset-impairments-1644224", "description": "Explain the accounting issues related to intangible asset impairments.", "stars": 3 }, { "url": "\/study-help\/intermediate-accounting11th\/explain-the-conceptual-issues-related-to-goodwill-1644226", "description": "Explain the conceptual issues related to goodwill.", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/the-annual-data-that-follow-pertain-to-als-awesome-eyewear-1869583", "next": "\/study-help\/questions\/little-league-apparel-has-two-classes-of-stock-authorized-6-1869585" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": " 44 Citrus company is evaluating 2 independent strategies designed to enhance", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/44-citrus-company-is-evaluating-2-independent-strategies-designed-to-1869584" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }": "1" } }