Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Chester has negotiated a new labor contract for the next round that will affect the cost for their product Cozy. Labor costs will go from

Chester has negotiated a new labor contract for the next round that will affect the cost for their product Cozy. Labor costs will go from $2.82 to $3.42 per unit. Assume all period and other variable costs remain the same. If Chester were to absorb the new labor costs without passing them on in the form of higher prices, how many units of product Cozy would need to be sold next round to break even on the product?Select: 1

1,382

1,863

1,317

1,454

image text in transcribed
Bolt Brat Baker Cozy Cute Cat Cake Dome Dug Drat Daze Dell Dixie Unit Primary Units lnven Name Segment Sold tory Nano EMe Nano EMe Thrift Thrift Core Core Thrift Core Nano Elite Core Core 1 .281 1 .742 1 .427 1 .400 975 990 360 0 1 .606 1 .286 1 .129 1 .456 1.770 1.838 1.357 1.509 868 1 .602 1 .074 795 1 .335 903 291 48 0000104 208 125 210 342 158 160 Revision 7/15/2019 8/11/2019 8/4/2019 9/14/2019 3/12/2018 5/10/2019 8/18/2019 7/10/2020 11/5/2019 8/24/2019 7/3/2019 7/25/2019 6/9/2020 6/9/2020 20812/16/2018 20512/18/2018 227 12/20/2019 208 12/7/2017 15312/17/2019 19712/17/2019 51 12/25/2019 38 2/10/2019 Age 1.9 20000 1.5 22000 1.4 24000 1.4 26000 1.8 20000 1.1 22000 0.4 24000 0.0 0 1.2 23000 1.9 25000 1.3 23000 1.3 25000 3.717000 3.617000 2.1 18000 2.1 20000 2.2 14000 3.1 16000 1.0 18000 1.0 20000 0.9 16000 0.9 16000 men Size Date Dec.31 MTBF Coord Coord Price 13.2 16.0 13.7 15.8 7.5 7.7 10.6 11.3 8.2 9.1 12.6 15.7 10.5 10.2 14.0 $20.88 9.7 $27.88 5.0 $37.00 7.7 $39.88 12.5 $24.38 9.6 $29.88 4.5 $38.88 0.0 $0.00 4.8 $34.00 6.8 $34.00 4.3 $37.00 6.5 $37.00 12.5 $16.00 12.3 $16.00 8.8 $24.00 9.3 $24.00 11.8 $17.00 10.9 $19.00 4.7 $30.00 7.2 $36.00 9.4 $21 .00 9.8 $22.00 2nd Shift Auto & mation Capacity Material Labor Contr. Over- Next Cost Cost Marg. time Round $6.85 $4.38 $10.25 $6.02 $13.42 $9.79 $13.96 $9.79 $7.56 $6.54 $10.33 $9.81 $13.76 $9.81 $0.00 $0.00 $13.66 $7.91 $14.56 $6.80 $14.04 $6.80 $14.57 $7.43 $6.80 $2.82 $6.96 $2.75 $9.72 $4.35 $10.36 $4.24 $6.82 $1.77 $8.14 $3.79 $12.74 $6.69 $13.59 $6.08 $9.31 $5.31 $9.03 $4.30 41 % 100% 32% 100% 39% 100% 0% 0% 37% 100% 36% 63% 41% 16% 39% 52% 37% 37% 39% 37% 28% 19% 38% 28% 52% 34% 35% 44% 32% 38% 0% 17% 38% 6% 35% 79% 7.0 7.0 7.0 7.0 10.0 10.0 8.0 8.0 10.0 10.0 7.0 7.0 8.0 8.0 Next Plant Round Utiliz. 1.130 127% 1.200 140% 928 196% 1.014 196% 1.000 198% 1.000 198% 1.000 72% 500 0% 1.050198% 800161% 1.100115% 1.200151% 1.450 126% 1.600 118% 1.050 137% 1.250 127% 1.250 71% 1.500 116% 900 136% 850 105% 1.040 133% 1.040 157%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

16th Edition

1337913103, 9781337913102

More Books

Students also viewed these Accounting questions

Question

1. Walk slowly; then be as still as possible.

Answered: 1 week ago