Wilson Company is currently operating at a loss of $15,000….

Wilson Company is currently operating at a loss of $15,000. The sales manager has received a special order for 5,000 units of product, which normally sells for $35 per unit. Costs associated with the product are: direct material, $6; direct labor, $10; variable overhead, $3; applied fixed overhead, $4; and variable selling expenses, $2. The special order would allow the use of a slightly lower grade of direct material, thereby lowering the material cost per unit by $1.50 and selling expenses would be decreased by $1.   If Wilson wants this special order to increase the total net income for the firm to $10,000, it should charge $__________________ for each of the 5,000 units.

Crammers Rule Q1. Use Crammer’s rule to find the solution to…

Crammers Rule Q1. Use Crammer’s rule to find the solution to the following augmented matrix. Show your work, and clearly circle the values of the determinate of the coefficient matrix D, then that of , and   Please note I am using the notation given in Instructor Video. Using Cramer’s rule to solve a 3×3 system  

The average cost (COST) of heating a home is a function of o…

The average cost (COST) of heating a home is a function of outside Temperature (TEMP), thickness of Insulation (INSUL) and Age of furnace (AGE). Data is collected on these variables and a regression analysis is done on the data. An incomplete MS Excel output is shown below.   Regression Statistics         Multiple R           R Square           Adjusted R Square           Standard Error           Observations                        ANOVA             df SS MS F Signifcance F Regression   171220       Residual           Total 19 212916                     Coefficients Standard Error t Stat P-Value Lower 95% Intercept 427 59.6 7.17     TEMPT (X1)   0.7723 -5.93     INSUL (X2) -14.8 4.754       AGE (X3) 11.1 4.012         The sample size is