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Hi here is my next questions. I only need part d, e and f answered please...Thanks Both product line managers would like to improve their
Hi here is my next questions. I only need part d, e and f answered please...Thanks
Both product line managers would like to improve their respective returns on investment, and each manager has a different idea about how to accomplish this. If the guitar case product line manager was able to increase sales volume such that the new asset turnover was 1.75 times. What would be the new operating income? (Round variable cost ratio to 2 decimal places, e.g. 5.25 and final answers to 0 decimal places, e.g. 12,500.) (a) Your answer is correct. Calculate the margin and asset turnover for each product line. (Round answers to 2 decimal places, e.g. 5.12 and 5.12%.) Guitar Cases Margin 12.56 % Asset turnover Violin Cases 6.14 % 1.52 3.01 Don't show me this message again for the assignment (b) Your answer is correct. Calculate ROI for each product line. (Round ROI to 2 decimal places, e.g. 5.12%.) Guitar Cases ROI 19.05 Violin Cases 18.51 % (C.) $ Operating income 660,750 Link to Text (d) If the guitar case product line manager was able to increase sales volume such that the new asset turnover was 1.75 times, what would be the new return on investment? (Round ROI to 2 decimal places, e.g. 5.12%.) New ROI % Don't show me this message again for the assignment Link to Text (e) Both product line managers would like to improve their respective returns on investment, and each manager has a different idea about how to accomplish this. If the violin case product manager was able to reduce variable costs by 5%, what would be the new operating income? (Round Operating income to 0 decimal places, e.g. 12,500.) $ New operating income Don't show me this message again for the assignment Link to Text (f) If the violin case product manager was able to reduce variable costs by 5%, what would be the new return on investment? (Round ROI to 2 decimal places, e.g. 5.12%.) New ROI % Both product line managers would like to improve their respective returns on investment, and each manager has a different idea about how to accomplish this. If the guitar case product line manager was able to increase sales volume such that the new asset turnover was 1.75 times. What would be the new operating income? (Round variable cost ratio to 2 decimal places, e.g. 5.25 and final answers to 0 decimal places, e.g. 12,500.) (a) Your answer is correct. Calculate the margin and asset turnover for each product line. (Round answers to 2 decimal places, e.g. 5.12 and 5.12%.) Guitar Cases Margin 12.56 % Asset turnover Violin Cases 6.14 % 1.52 3.01 Don't show me this message again for the assignment (b) Your answer is correct. Calculate ROI for each product line. (Round ROI to 2 decimal places, e.g. 5.12%.) Guitar Cases ROI 19.05 Violin Cases 18.51 % (C.) $ Operating income 660,750 Link to Text (d) If the guitar case product line manager was able to increase sales volume such that the new asset turnover was 1.75 times, what would be the new return on investment? (Round ROI to 2 decimal places, e.g. 5.12%.) New ROI % Don't show me this message again for the assignment Link to Text (e) Both product line managers would like to improve their respective returns on investment, and each manager has a different idea about how to accomplish this. If the violin case product manager was able to reduce variable costs by 5%, what would be the new operating income? (Round Operating income to 0 decimal places, e.g. 12,500.) $ New operating income Don't show me this message again for the assignment Link to Text (f) If the violin case product manager was able to reduce variable costs by 5%, what would be the new return on investment? (Round ROI to 2 decimal places, e.g. 5.12%.) New ROI % Both product line managers would like to improve their respective returns on investment, and each manager has a different idea about how to accomplish this. If the guitar case product line manager was able to increase sales volume such that the new asset turnover was 1.75 times. What would be the new operating income? (Round variable cost ratio to 2 decimal places, e.g. 5.25 and final answers to 0 decimal places, e.g. 12,500.) (a) Your answer is correct. Calculate the margin and asset turnover for each product line. (Round answers to 2 decimal places, e.g. 5.12 and 5.12%.) Guitar Cases Margin 12.56 % Asset turnover Violin Cases 6.14 % 1.52 3.01 Don't show me this message again for the assignment (b) Your answer is correct. Calculate ROI for each product line. (Round ROI to 2 decimal places, e.g. 5.12%.) Guitar Cases ROI 19.05 Violin Cases 18.51 % (C.) $ Operating income 660,750 Link to Text (d) If the guitar case product line manager was able to increase sales volume such that the new asset turnover was 1.75 times, what would be the new return on investment? (Round ROI to 2 decimal places, e.g. 5.12%.) New ROI % Don't show me this message again for the assignment Link to Text (e) Both product line managers would like to improve their respective returns on investment, and each manager has a different idea about how to accomplish this. If the violin case product manager was able to reduce variable costs by 5%, what would be the new operating income? (Round Operating income to 0 decimal places, e.g. 12,500.) $ New operating income Don't show me this message again for the assignment Link to Text (f) If the violin case product manager was able to reduce variable costs by 5%, what would be the new return on investment? (Round ROI to 2 decimal places, e.g. 5.12%.) New ROI % Hamilton and Battles, Ltd. produces and sells two productsguitar cases and violin cases. Each of these products is made in a dedicated manufacturing facility, and the product line managers are evaluated based on the product line's return on investment. The following data is from the most recent year of operations. Sales Variable costs Direct fixed costs Guitar Cases $3,034,000 1,212,000 1,441,000 Violin Cases $4,522,000 2,710,000 1,534,400 2,000,000 1,500,000 Average assets (a) Your answer is correct. Calculate the margin and asset turnover for each product line. (Round answers to 2 decimal places, e.g. 5.12 and 5.12%.) Guitar Cases Margin 12.56 % Asset turnover Violin Cases 6.14 % 1.52 3.01 Don't show me this message again for the assignment (b) Your answer is correct. Calculate ROI for each product line. (Round ROI to 2 decimal places, e.g. 5.12%.) Guitar Cases ROI 19.05 Violin Cases 18.51 % (C.) $ Operating income Link to Text (d) 660,750 If the guitar case product line manager was able to increase sales volume such that the new asset turnover was 1.75 times, what would be the new return on investment? (Round ROI to 2 decimal places, e.g. 5.12%.) New ROI % Don't show me this message again for the assignment Link to Text (e) Both product line managers would like to improve their respective returns on investment, and each manager has a different idea about how to accomplish this. If the violin case product manager was able to reduce variable costs by 5%, what would be the new operating income? (Round Operating income to 0 decimal places, e.g. 12,500.) $ New operating income Don't show me this message again for the assignment Link to Text (f) If the violin case product manager was able to reduce variable costs by 5%, what would be the new return on investment? (Round ROI to 2 decimal places, e.g. 5.12%.) 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