Question
Wayne Corp. sells 10,000 units for a price of $45 per unit. Wayne has unit variable costs of $19 per unit, and total fixed costs
Wayne Corp. sells 10,000 units for a price of $45 per unit. Wayne has unit variable costs of $19 per unit, and total fixed costs of $177,000.
If sales increase 20%, by how much will profits increase for Wayne?
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20.00%
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31.33%
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62.65%
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93.98%
Allegan Company produces computer processors. Sales budget for the next four months is as follows: March 10,400 units, April 13,200, May 16,600 and June 21,700. Allegan Companys ending finished goods inventory policy is 20% of the following months sales. March 1 beginning inventory is projected to be 2,080 units.
How many units of processors will be budgeted to be produced in April?
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13,880
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19,160
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12,520
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13,200
Mackinac Inc. produces denim backpacks. The production budget for the next four months is: July 5,500 units, August 7,300 units, September 8,100 units, October 8,600 units. Each backpack requires 0.8 square meters of denim.
Mackinac Inc.s denim inventory policy is 20% of next months production needs. On July 1 leather inventory was expected to be 880 square meters.
Denim is expected to cost $13.00 per square meter in June, but go up to $14.00 per square meter in July.
What is the expected cost of denim purchases in July?
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$64,132
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$65,632
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$66,532
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$66,632
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