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13-20 similar to) The new chief executive officer (CEO) of Ruta Manufacturing has asked for a variety of formation the portion of the form from last yow The CEO is given the following information but with some data missing im Click the con to view the variety of operation information Read the count Requirement 1. Find ca totales revenue, (b) soling price rate of return on investment, and (d) Marku percentage on full cost for this product Begin by calculating the (a) total sales revenue Rearrange the income statement formula to solve for the amount Sales reven Choose from any list or enter any number in the input fields and then click Check Answer Check Answer Clear A parts remaining The new chief executive officer (CEO) of Ruiz Manufacturing has asked for a variety of information about the operations of the firm from last year. The CEO missing (Click the icon to view the variety of operations information) Read the requirements Requirement 1. Find (a) total sales revenue, (b) selling price, (c) rate of return on investment, and (d) markup percentage on full cost for this product Begin by calculating the (a) total sales revenue, Rearrange the in me statement formula to solve for the amount Sales revenue Choose from any list or enter any number in the input fields and then click Check Answer 9 parts remaining Clear All acturing has asked for a variety of information about the operations of the firm from last year. The CEO is given the following information, but with some data formation.) ing price, (c) rate of return on investment, and (d) markup percentage on full cost for this product range the income statement formula to solve for the amount nput fields and then click Check Answer Clear All Check Answer The new chief executive officer (CEO) of Ruiz Manufacturing has asked for a variety of information about the operations of the firm from last year. The CEO is given the missing (Click the icon to view the variety of operations information.) Read the requirements Requirement 1. Find (a) total sales revenue, (b) selling prico, (c) rate of return on investment, and (d) markup percentage on tull cost for this product Begin by calculating the (a) total sales revenue. Rearrange the income statement formula to solve for the amount Contribution margin Fixed costs Operating income Sales revenue Variable costs Choose from any list or enter any number in the input fields and then click Check Answer. Clear A 9 Parts remaining ons of the firm from last year. The CEO is given the following information, but with some data -X Data Table entage ? Total sales revenues 500,000 units ? $ Number of units produced and sold Selling price Operating income Total investment in assets Variable cost per unit Fixed costs for the year $ 230,000 $ 2,500,000 $ 3.50 $ $ 2,850,000 Print Done Check Answer PIVO z Manufacturing pas OGLED AR OUTDOOROUD Is given the TONOW i Requirements rations information (b) selling price le. Rearrange the 1. Find (a) total sales revenue, (b) selling price, (c) rate of return on investment, and (d) markup percentage on full cost for this product. 2. The new CEO has a plan to reduce fixed costs by $250,000 and variable costs by $0.50 per unit while continuing to produce and sell 500,000 units. Using the same markup percentage as in requirement 1, calculate the new selling price 3. Assume the CEO institutes the changes in requirement 2 including the new selling price. However, the reduction in variable cost has resulted in lower product quality resulting in 5% fewer units being sold compared to before the change. Calculate operating income (loss). 4. What concerns, if any, other than the quality problem described in requirement 3. do you see in implementing the CEO's plan? Explain briefly. Print Done n the input field Clear All
