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answer asap, will rate sales of this book. Jamie needs to decide how many copies of the book to produce. The following information is available
answer asap, will rate
sales of this book. Jamie needs to decide how many copies of the book to produce. The following information is available for the fall semester 2020 : (Click the icon to view the information.) Jamie has decided to produce either 18,000,27,000, or 29,700 books. Read the requirements. Requirement 1. Calculate expected gross margin if Jamie produces 18,000,27,000, or 29,700 books. (Make sure you include the production-volume variance as part of cost of goods sold.) Requirements 1. Calculate expected gross margin if Jamie produces 18,000,27,000, or 29,700 books. (Make sure you include the production-volume variance as part of cost of goods sold.) 2. Calculate ending inventory in units and in dollars for each production level. 3. Managers who are paid a bonus that is a function of gross margin may be inspired to produce a product in excess of demand to maximize their own bonus. There are metrics to discourage managers from producing products in excess of demand. Do you think the following metrics will accomplish this objective? Show your work. a. Incorporate a charge of 15% of the cost of the ending inventory as an expense for evaluating the manager. b. Include nonfinancial measures when evaluating management and rewarding performanceStep by Step Solution
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