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Hi please answer the years 1-4 thank you! Manitowoc Crane B. Manitowoc Crane (US) exports hovy Crane equipment to several Chinese dock facilities Sales are

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Manitowoc Crane B. Manitowoc Crane (US) exports hovy Crane equipment to several Chinese dock facilities Sales are currently 10,000 units per year at the yuan equivalent of 534 000 ench The Chinese yuan no has been trading at Yuan 20$, but a Hong Kong advisory service predicts the renminbi will drop in value next week to Yana 2015, after which it will romain unchanged for at least a decade Accepting this forecast is given, Mantowoc Crane faces a pricing decision in the face of the impending devaluation it may other (1) maintain the same yuan price and in affect sol for fewer dollars, in which case Chinese volume will not change or (2) maintain the same dollar price, raise the yuan price in China to offset the unlustion, and exponenc a 10% drop in un volume Direct costs are 75% of the US sales price Manitowoc Crane maintains the same yuan price and in effect sols for fewer dollars, the annual sales price per unit is equal to ($24,000 x Yuan 2015) - Yuano 2015 521,3913 The direct cost per unit is 75% of the sales of $24.000X0 75 $18,000 Calculate the gross profits for years 1 through 4 in the following table (Round to the nearest dolet Case 1 Year 1 Year 2 Year 3 Year 4 Enter any number in the edit fields and then click Check Answer parts remaining Clear All Check Answer Previous Homework: Chapter 12 Homework Score: 0.03 of 2 pts 5 of 6 (5 complete) W Problem 12-4 (book/static) Manitowoc Crane (B). Manitowoc Crane (U.S.) exports heavy crane equipment to several Chinese dock facilities $24,000 each. The Chinese yuan (renminbi) has been trading at Yuan8, 20/$, but a Hong Kong advisory service pred which it will remain unchanged for at least a decade. Accepting this forecast as given, Manitowoc Crane faces a prici maintain the same yuan price and in effect sell for fewer dollars, in which case Chinese volume will not change or (2 the devaluation, and experience a 10% drop in unit volume. Direct costs are 75% of the US, sales price Case 1 Year 1 Year 2 Year 3 Year 4 Sales volume (units) 10,000 Sales price per unit $ 21,391.3 $ 21,391.3 $ 21 391 3 $ 21,391 3 Enter any number in the edit fields and then click Check Answer. 6 parts remaining Clear All FIN 329-03 SP21 Homework: Chapter 12 Homework Score: 0.03 of 2 pts 5 of 6 (5 complete) & Problem 12-4 (book/static) Manitowoc Crane (B). Manitowoc Crane (U.S.) exports heavy crane equipment to several Chinese dock facilities. S $24,000 each. The Chinese yuan (renminbi) has been trading at Yuan8.20/S, but a Hong Kong advisory service pred which it will remain unchanged for at least a decade. Accepting this forecast as given, Manitowoc Crane faces a prici maintain the same yuan price and in effect sell for fewer dollars, in which case Chinese volume will not change or (2 the devaluation, and experience a 10% drop in unit volume Direct costs are 75% of the US sales price Total sales revenue Direct cost per unit $ 18,000 $ 18,000 $ 18,000 $ 18 000 Total direct costs Enter any number in the edit fields and then click Check Answer. parts remaining Clear All FIN 329-03 SP21 Homework: Chapter 12 Homework 5 of 6 (5 complete) Score: 0.03 of 2 pts Problem 12-4 (book/static) Manitowoc Crane (8). Manitowoc Crane (U.S.) exports heavy crane equipment to several Chinese dock facilities $24,000 each. The Chinese yuan (renminbi) has been trading at Yuan8 20/S, but a Hong Kong advisory service pre which it will remain unchanged for at least a decade. Accepting this forecast as given, Manitowoc Crane faces a peu maintain the same yuan price and in effect sell for fewer dollars, in which case Chinese volume will not change or the devaluation, and experience a 10% drop in unit volume. Direct costs are 75% of the U.S. sales price Direct cost per unit $ 18,000 $ 18 000 $ 18,000 $ 18 000 Total direct costs Gross profits Enter any number in the edit fields and then click Check Answer. 6 parts remaining Clear All Dress Problem 12-4 (book/static) Question Help Additional fancial management Deves that it maintain the same yuan es pnce volume will increase at 12% per annum through year eight Dollar costs will not change. Al the end of ll yours. Mantowoc patent expires and it will no longer export to China After the yuan is devalued to Yuano 201$, no further devaluations are expected It Manitowoc Crane raises the yuan price so as to mainits dollar pnce, volume will increase at only 1% per annum through you eight Marting from the lower initial base of 9.000 units Again, dollar costs will not change and at the end of eight years Manitowoc Crane will stop exporting to China Manitowoc's weighted average cost of capital is 10%. Given these considerations, what should be Manitowoc's pricing policy? Dirnd cost per unit 5 18 000 5 18 000 $ 18,000 $ 18.000 Total direct costs Gross profit Enter any number in the edit fields and then click Check Answer Manitowoc Crane B. Manitowoc Crane (US) exports hovy Crane equipment to several Chinese dock facilities Sales are currently 10,000 units per year at the yuan equivalent of 534 000 ench The Chinese yuan no has been trading at Yuan 20$, but a Hong Kong advisory service predicts the renminbi will drop in value next week to Yana 2015, after which it will romain unchanged for at least a decade Accepting this forecast is given, Mantowoc Crane faces a pricing decision in the face of the impending devaluation it may other (1) maintain the same yuan price and in affect sol for fewer dollars, in which case Chinese volume will not change or (2) maintain the same dollar price, raise the yuan price in China to offset the unlustion, and exponenc a 10% drop in un volume Direct costs are 75% of the US sales price Manitowoc Crane maintains the same yuan price and in effect sols for fewer dollars, the annual sales price per unit is equal to ($24,000 x Yuan 2015) - Yuano 2015 521,3913 The direct cost per unit is 75% of the sales of $24.000X0 75 $18,000 Calculate the gross profits for years 1 through 4 in the following table (Round to the nearest dolet Case 1 Year 1 Year 2 Year 3 Year 4 Enter any number in the edit fields and then click Check Answer parts remaining Clear All Check Answer Previous Homework: Chapter 12 Homework Score: 0.03 of 2 pts 5 of 6 (5 complete) W Problem 12-4 (book/static) Manitowoc Crane (B). Manitowoc Crane (U.S.) exports heavy crane equipment to several Chinese dock facilities $24,000 each. The Chinese yuan (renminbi) has been trading at Yuan8, 20/$, but a Hong Kong advisory service pred which it will remain unchanged for at least a decade. Accepting this forecast as given, Manitowoc Crane faces a prici maintain the same yuan price and in effect sell for fewer dollars, in which case Chinese volume will not change or (2 the devaluation, and experience a 10% drop in unit volume. Direct costs are 75% of the US, sales price Case 1 Year 1 Year 2 Year 3 Year 4 Sales volume (units) 10,000 Sales price per unit $ 21,391.3 $ 21,391.3 $ 21 391 3 $ 21,391 3 Enter any number in the edit fields and then click Check Answer. 6 parts remaining Clear All FIN 329-03 SP21 Homework: Chapter 12 Homework Score: 0.03 of 2 pts 5 of 6 (5 complete) & Problem 12-4 (book/static) Manitowoc Crane (B). Manitowoc Crane (U.S.) exports heavy crane equipment to several Chinese dock facilities. S $24,000 each. The Chinese yuan (renminbi) has been trading at Yuan8.20/S, but a Hong Kong advisory service pred which it will remain unchanged for at least a decade. Accepting this forecast as given, Manitowoc Crane faces a prici maintain the same yuan price and in effect sell for fewer dollars, in which case Chinese volume will not change or (2 the devaluation, and experience a 10% drop in unit volume Direct costs are 75% of the US sales price Total sales revenue Direct cost per unit $ 18,000 $ 18,000 $ 18,000 $ 18 000 Total direct costs Enter any number in the edit fields and then click Check Answer. parts remaining Clear All FIN 329-03 SP21 Homework: Chapter 12 Homework 5 of 6 (5 complete) Score: 0.03 of 2 pts Problem 12-4 (book/static) Manitowoc Crane (8). Manitowoc Crane (U.S.) exports heavy crane equipment to several Chinese dock facilities $24,000 each. The Chinese yuan (renminbi) has been trading at Yuan8 20/S, but a Hong Kong advisory service pre which it will remain unchanged for at least a decade. Accepting this forecast as given, Manitowoc Crane faces a peu maintain the same yuan price and in effect sell for fewer dollars, in which case Chinese volume will not change or the devaluation, and experience a 10% drop in unit volume. Direct costs are 75% of the U.S. sales price Direct cost per unit $ 18,000 $ 18 000 $ 18,000 $ 18 000 Total direct costs Gross profits Enter any number in the edit fields and then click Check Answer. 6 parts remaining Clear All Dress Problem 12-4 (book/static) Question Help Additional fancial management Deves that it maintain the same yuan es pnce volume will increase at 12% per annum through year eight Dollar costs will not change. Al the end of ll yours. Mantowoc patent expires and it will no longer export to China After the yuan is devalued to Yuano 201$, no further devaluations are expected It Manitowoc Crane raises the yuan price so as to mainits dollar pnce, volume will increase at only 1% per annum through you eight Marting from the lower initial base of 9.000 units Again, dollar costs will not change and at the end of eight years Manitowoc Crane will stop exporting to China Manitowoc's weighted average cost of capital is 10%. Given these considerations, what should be Manitowoc's pricing policy? Dirnd cost per unit 5 18 000 5 18 000 $ 18,000 $ 18.000 Total direct costs Gross profit Enter any number in the edit fields and then click Check

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