Maroota Business Accessories Company (MBAC) based in Maroota, a suburb of Sydney, Australia, is a manufacturer of business travel accessories. For 2018, MBAC is planning to launch a line of travel brief cases or TBC’s. These will be offered in five retail price ranges to suit varying needs of the business traveler. Ms. Margaret Court-Smith, MBAC president, believes that this new TBC line would be a welcome complement to MBAC’s product assortment and estimates the following share of total sales for each retail Australian $ price-range:
Price Range 1: $200 5%
Price Range 2: $150 10%
Price Range 3: $100 40%
Price Range 4: $ 80 25%
Price Range 5: $ 60 20%
Ms. Court-Smith has learned from production staff that material and labor will run about 45% of the weighted MBAC selling price of a TBC. Packaging and shipping combined is expected to run about $30.28 for 12 TBC’s. Annual loan repayment plus contracted maintenance for the new TBC manufacturing line total about $70,000.
Ms. Court-Smith is also reviewing the proposed marketing plan for the new line. The proposal is to sell the TBC line to retailers using regional wholesalers. Such wholesalers typically markup up by 32% on MBAC selling price, while the retailers are used to a 41% markup based on consumer purchase price. Although MBAC has a sales force already in place, Ms. Court-Smith plans to add eight new people exclusively to promote this new line. The annual cost of adding them will run about $36,000 in salary and an additional $11,000 in travel expenses per sales person. The sales force also earns a 7% commission on every MBAC sale.
Ms. Court-Smith plans to add the following promotional initiatives to support the new line:
• a direct mail campaign (30,000 glossy printed pieces at $2.70 each) directed at a sample of business travelers to heighten their awareness of the new item
• airline magazine advertising six times during the year at $12,000 per placement
• participation in three travel accessory trade shows ($14,000 per show in booth rental registration and an additional $6,000 per show in staffing expenses).
Ms. Court-Smith would like to know unit and dollar sales targets for the new TBC line, for recovering all fixed costs. In addition, the company is looking at two competing profit goals: (a) $290,000 in Contribution to Margin i.e., profit, and, (b) 23% profit on sales or 23c on each sales dollar. The 2017 regional TBC market is about 200,000 total units or $16 million in manufacturer sales. Both of these are expected to increase by 10% in 2018.
Q6. What is MBAC’s BEP in (a) TBC’s, and (b) dollars, given the above fixed costs?
Q7. (a) What is MBAC’s fixed costs plus the $ profit objective? Therefore, (b) What is MBAC’s RLS in (i) TBC’s and (ii) dollars, to cover fixed costs and desired profit?
Q8. Consider instead the % profit to sales. (a) What is MBAC’s profit per TBC? (b) What is the revised $C? Use this revised $C to figure out RLS (i) in TBC’s and (ii) in dollars? Q9. What is the size of the2018 total market in number of TBC’s? Hence, what is MBAC’s target % market share units for (a) just breakeven, (b) $profit goal, and (c) % profit goal?
Q10. What is the size of the 2018 total market in dollars? Hence, what is MBAC’s target % market share dollars for (a) just breakeven, (b) $profit goal, and (c) % profit goal?
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Marlow Company Purchased A Point Of Sale System On January 1 For 3 400 This Syst
/in Uncategorized /by developerMarlow Company purchased a point of sale system on January 1 for $3,400. This system has a useful life of 10 years and a salvage value of $400. What would be the accumulated depreciation at the end of the second year of its useful life using the double-declining-balance method?
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Maroota Business Accessories Company Mbac Based In Maroota A Suburb Of Sydney Au
/in Uncategorized /by developerMaroota Business Accessories Company (MBAC) based in Maroota, a suburb of Sydney, Australia, is a manufacturer of business travel accessories. For 2018, MBAC is planning to launch a line of travel brief cases or TBC’s. These will be offered in five retail price ranges to suit varying needs of the business traveler. Ms. Margaret Court-Smith, MBAC president, believes that this new TBC line would be a welcome complement to MBAC’s product assortment and estimates the following share of total sales for each retail Australian $ price-range:
Price Range 1: $200 5%
Price Range 2: $150 10%
Price Range 3: $100 40%
Price Range 4: $ 80 25%
Price Range 5: $ 60 20%
Ms. Court-Smith has learned from production staff that material and labor will run about 45% of the weighted MBAC selling price of a TBC. Packaging and shipping combined is expected to run about $30.28 for 12 TBC’s. Annual loan repayment plus contracted maintenance for the new TBC manufacturing line total about $70,000.
Ms. Court-Smith is also reviewing the proposed marketing plan for the new line. The proposal is to sell the TBC line to retailers using regional wholesalers. Such wholesalers typically markup up by 32% on MBAC selling price, while the retailers are used to a 41% markup based on consumer purchase price. Although MBAC has a sales force already in place, Ms. Court-Smith plans to add eight new people exclusively to promote this new line. The annual cost of adding them will run about $36,000 in salary and an additional $11,000 in travel expenses per sales person. The sales force also earns a 7% commission on every MBAC sale.
Ms. Court-Smith plans to add the following promotional initiatives to support the new line:
• a direct mail campaign (30,000 glossy printed pieces at $2.70 each) directed at a sample of business travelers to heighten their awareness of the new item
• airline magazine advertising six times during the year at $12,000 per placement
• participation in three travel accessory trade shows ($14,000 per show in booth rental registration and an additional $6,000 per show in staffing expenses).
Ms. Court-Smith would like to know unit and dollar sales targets for the new TBC line, for recovering all fixed costs. In addition, the company is looking at two competing profit goals: (a) $290,000 in Contribution to Margin i.e., profit, and, (b) 23% profit on sales or 23c on each sales dollar. The 2017 regional TBC market is about 200,000 total units or $16 million in manufacturer sales. Both of these are expected to increase by 10% in 2018.
Q6. What is MBAC’s BEP in (a) TBC’s, and (b) dollars, given the above fixed costs?
Q7. (a) What is MBAC’s fixed costs plus the $ profit objective? Therefore, (b) What is MBAC’s RLS in (i) TBC’s and (ii) dollars, to cover fixed costs and desired profit?
Q8. Consider instead the % profit to sales. (a) What is MBAC’s profit per TBC? (b) What is the revised $C? Use this revised $C to figure out RLS (i) in TBC’s and (ii) in dollars? Q9. What is the size of the2018 total market in number of TBC’s? Hence, what is MBAC’s target % market share units for (a) just breakeven, (b) $profit goal, and (c) % profit goal?
Q10. What is the size of the 2018 total market in dollars? Hence, what is MBAC’s target % market share dollars for (a) just breakeven, (b) $profit goal, and (c) % profit goal?
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Marry And Max Had Adjusted Gross Income Of 358000
/in Uncategorized /by developerMarry and Max had adjusted gross income of 358000. They have itemized deductions of $20,000 consisting of $8,000 in medical expenses that exceed 10% of adjusted gross income ,$3,000 in property taxes, $4000 in housing interest, and $5000 in miscellaneous itemized deductions that exceed 2% of adjusted gross income. What is the amount of their itemized deductions?
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Mars Exploration 1 Robots Sent To Mars Recently Mars Exploration 2 Robots Sent T
/in Uncategorized /by developerhello, you helped me on 10/17 and I received a great grade, now I still need your help. I have attached both the paper you did as well as the new assignment. also can you focus particular aspect such as surface composition and geology.
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Marsha Bittner Expects To Receive A 600 000 Cash Benefit When She Retires In Fiv
/in Uncategorized /by developerMarsha Bittner expects to receive a $600,000 cash benefit when she retires in five years from today. Ms. Bittner’s employer has offered an early retirement incentive by agreeing to pay her $360,000 today if she agrees to retire immediately. Ms. Bittner desires to earn a rate of return of 12 percent.a. Assuming that the retirement benefit is the only consideration in making the retirement decision, should Ms. Bittner accept her employer’s offer?
If you want the formulas and any calculations, select the corresponding cell and press F2(Function Key on key board),It will show all calculations and formulas AutomaticallyPlease Give Me the…
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Marshall Has Been Diagnosed With Down Syndrome You Realize That Marshall S Condi
/in Uncategorized /by developermarshall has been diagnosed with down syndrome. you realize that marshall’s condition is related toa. alcohol abuse by rhe father.b. abnormalities of the 21st pair of chromosomes.c. sex-linked chromosomeal abnormalities.d. genetic errors in the 24th pair of chromosomes
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Marshall S Theater Company Claims That Of Its 2 182 Costumes In Inventory 1 792
/in Uncategorized /by developerMarshall’s Theater Company claims that of its 2,182 costumes in inventory, 1,792 are just old used clothes, while the rest are collector’s items. What percent of total inventory is collector’s items?
_________% (round to the nearest tenth of a percent)
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Marshall Vs Reynolds On The Constitution Marshall Nor Do I Find The Wisdom Fores
/in Uncategorized /by developerPolitical Science midterm study guide…
Know the following:
1) Main ideas espoused in the Declaration of Independence 2) What is the view of negative and positive liberty 3) What is the concept of individualism and what do social democrats believe 4) In comparison with other wealthy nations, our taxes are relatively ___, we regulate business less, we take ____ vacations, and we place more stress on getting ahead. 5) Main components of American political culture 6) Why are there so many checks and balances in our national government? 7) The principle of checks and balances ensures that which branch of government has the authority to block the other branches? 8) Identify the main complaints against the English Crown that dominate the Declaration of Independence. 9) Problems under the Articles of Confederation 10) How did framers try to both empower and yet control new central government? 11) What are the three examples of filtration, or indirect elections, in the original Constitution? 12) The Great, or Connecticut, Compromise 13) The number of electors in a state is based on ? 14) How did the Founders treat slavery in the Constitution 15) Powers granted to Congress under article 1, section 8, of the Constitution 16) Major criticisms by the Anti-Federalists of the new Constitution 17) The central goal of the delegates to the Constitutional Convention was to ? 18) Is education a national government responsibility outlined in the Constitution ? 19) Which level(s) of government is/are responsible for regulating business? 20) Which of the following is NOT an advantage of federalism? 21) “Laboratories of federalism/democracy” relates to which advantage of federalism? 22) The lack of national standards in an area such as hydraulic fracturing demonstrates which disadvantage of federalism? 23) What power in foreign policy was granted to Congress? 24) What is the name for a power that is explicitly found in the Constitution? 25) The Tenth Amendment is most likely favored by whom? 26) The same-sex marriage debate is often discussed in terms of what clause? 27) The layer cake model demonstrates which era of federalism ? 28) Which “cake” metaphor was introduced during the New Deal? 29) Who has the authority to declare a legislative act unconstitutional? 30) Initially, the Bill of Rights protected against violations of citizens’ rights from which part of government? 31) What kind of incorporation is defined as extending protections from the Bill of Rights to the state governments, one right at a time?
ESSAY SECTION
Be able to answer at least four of the following questions:
1) What were the major changes from the Articles of Confederation to the Constitution? What problems did the framers “fix”?
2) Explain and compare the ideas of negative and positive liberty, and provide examples of each.
3) What were the main arguments put forth in the Declaration of Independence for the independence of the 13 colonies from Britain?
4) How is each power the Constitution grants to Congress, the presidency, or the courts balanced by a checking power assigned to another branch?
5) The USA has moved away from “dual federalism,” also known as “layer cake federalism,” to a kind of “marble cake” federalism. Explain what this means, with appropriate examples.
6) Why does Thurgood Marshall emphasize the importance of the 14th Amendment (which included the “incorporation” of the Bill of Rights) in bringing about a “new Constitution”?
Political Science midterm study guide…Know the following:1) Main ideas espoused in the Declaration of IndependenceWhy the colonies should be independent from BritainEquality for all people…
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Marston Marble Corporation Is Consideraing A Merger With The Conroy Concrete Com
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Marta I M Very Disappointed You Felt It Necessary To Talk To The Media About The
/in Uncategorized /by developerMarta, I’m very disappointed you felt it necessary to talk to the media about the problems here in the department. When you join the FBI, you join a family, and you shouldn’t want to embarrass your family.”Answer
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