Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q7. Gears Inc., based in Surrey, British Columbia, offers a comprehensive array of environmentally friendly bicycles. Gears Inc. takes pride in its implementation of clean

Q7. Gears Inc., based in Surrey, British Columbia, offers a comprehensive array of environmentally friendly bicycles. Gears Inc. takes pride in its implementation of clean energy in its manufacturing plant. Gearssells two types of bikes: mountain and road.Each mountain bicycle sells for$859and road bicycle for $325. The per unit variable costs for a mountain bike include $275in raw materials, $10.95in packaging, $12.50in manufacturing overhead, and $9.95in shipping. The variable costs for a road bike are $75in raw materials, $7.95in packaging, $12.13in manufacturing overhead, and $5.05in shipping. Gears fixed costs include office rent of $85,000, office supplies of $25,000and marketing expenses of $48,000. Create a spreadsheet that provides the income position of the company for the upcoming year. The company projects demand to be 500for mountain bikes, and 800for road bikes. Assuming a unit to unit sale, what is a more profitable product for Gears? Determine the break-even for each product, assuming that fixed expenses are allocated as follows: 60% for mountain bikesand 40% for road bikes. Provide a chart showing the break-even point for each product.

Q8.Sally Artisan Bakery makes a variety of organic bread. The bakery is open every day from 7 AM to 6 PM. At 4 PM each day, the bakery marks down its goods by 25%. It also offers a 10% discount every Sunday before 10 AM. Design a spreadsheet that displays the current date/time in one cell. Have your spreadsheet display the correct amount due when the user enters a sale amount, assuming no taxes will be charged.

Q9. RanikaEnergy would like to record its machinery runtime in seconds. Design a spreadsheet model that accepts as inputs the start and end time in hours, minutes, and seconds. Set the model to display the machine time in seconds.

Q10.EDriveInc. is a manufacturing company that specializes in the manufacture of sustainable vehicles? The company began manufacturing its E-line sports coupe at the start of the workday on Tuesday of the current week. The production cycle consists of five processes. A process begins on the next working day after the previous process finishes. For example, Process 2 begins the next working day after Process 1. Assuming that working days are Tuesday to Saturday and there are no holidays, design a spreadsheet that accepts as inputs the duration (in days) of each of the five processes. The spreadsheet should then display the date at which each process starts and completes

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Markets And Institutions

Authors: Anthony Saunders, Marcia Cornett

8th Edition

1264098723, 978-1264098729

More Books

Students also viewed these Finance questions