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FitEase Jump Ropes used 60 months of historical data to arrive at a total cost estimating equation for its skipper Plus product. This equation is:
FitEase Jump Ropes used 60 months of historical data to arrive at a total cost estimating equation for its skipper Plus product. This equation is: Total Cost = $3,893 + $175x # of batches + $3.52 x # of ropes sold. For December FitEase plans to sell 4620 ropes which will be manufactured in 12 batches. Based on the cost equation and FitEase's December estimates what is the expected total cost of the Skipper Plus product? Round your solution to the nearest $1.00. QUESTION 9 FitEase jump ropes used 60 months of historical data to arrive at a total cost estimating equation for its skipper Plus product. This equation is: Total Cost = $4,000 + $175 x # of batches + $3.61 x # of ropes sold. For December FitEase plans to sell 4940 ropes which will be manufactured in 20 batches. The retail price for a "Skipper Plus" is estimated to be $11.7 per unit. Based on the cost equation and FitEase's December estimates what is the expected profit per unit for the Skipper Plus product? Round your solution to the nearest 30.01. QUESTION 10 3 One of Kim Ng's duties as a manager at an auditing firm is to review the Management Discussion and Analysis (MD&A) section of the Form 10-K of her clients before submitting the file to the audit partner in charge. This is Kim' first year as a manager and she has kept a record of how many hours each MDGA review has taken her. Since her clients are in the same industry and of approximately the same size she believes that comparing the times from the various clients is reasonable. She listed the clients and the time she spent completing this procedure in the table. The clients are listed in the order in which she performed the reviews. client # Number of Hours to Complete the Review 1 20.00 hours 16.00 hours 3 14.04 hours 12.80 hours Kim noticed that her hours reflected a learning curve with a learning rate of 80%. Kim's firm charges her time at a rate of $179.00 per hour. If Kim continues down the current learning curve for this task, how much will her firm charge for Kim's 16th client? Round your answer to the nearest $1.00. HAWNA
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