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Digby has a new design for their product Dim next round that can reduce their material cost of producing units from $8.14 to $7.32. Digby

Digby has a new design for their product Dim next round that can reduce their material cost of producing units from $8.14 to $7.32. Digby passes on half of all cost savings by cutting the current price to customers. For simplicity: - Use current labor costs of $5.35 - Assume all period costs as reported on Digby's Income Statement (Annual Rpt Pg 2) will remain the same. Determine how many units (000) of product Dim would need to be sold next round to break even on the product.
Select: 1
1,316 units.
1,829 units.
1,126 units.
1,512 units.
1,407 units.
923 units.

The Baldwin company currently has the following balances on their balance sheet: Assets $159,814 Common Stock $10,223 Retained earnings $85,008 Suppose next year the Baldwin Company generates $20,000 in net profit, pays $10,000 in dividends, assets change to $151,000, and common stock remains unchanged. What must their total liabilities be next year?
Select: 1
$25,769
$64,583
$55,992
$45,769

How much would it cost for Chester Corporation to repurchase all its outstanding shares if the price went up by 10%? Assume no brokerage fees.
Select: 1
$76.1 million
$90.9 million
$83.7 million
$100.0 million

The Baldwin company will increase its automation for the Boat product by 2.0. Assuming no further change in capacity, how much will this investment in automation cost?
Select: 1
$17,600,000
$8,800,000
$7,700,000
$15,400,000

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