Which of the following statements is true of formal reasonin…
Questions
Which оf the fоllоwing stаtements is true of formаl reаsoning?
As аpplicаble in yоur cаlculatiоns, use the fоllowing methods for rounding purposes: (i) do not round any required intermediate calculated values(ii) round final answers to the nearest whole dollar Pima Citrus Farmers Co-op provides nearby residents the opportunity to select fresh produce to curate their own Community Supported Agriculture (CSA) box for purchase. The farmers have monthly fixed costs of $11,200. The average CSA box sells at $24 per customer. Current variable costs average $9 per CSA box. Answer the below 5 questions for the Co-op. Important: please do not use commas or $ signs in your answers. Express all numeric answers as positive values. Part V. Question 1: How many CSA boxes does the Co-op need to sell during the month to achieve before-tax profit of $20,000? _______ Part V. Question 2: At what total dollar value of sales do the farmers reach their break-even point for the month? _______ Part V. Question 3: The Co-op plans to invest in a new refrigeration system which would increase fixed costs by $5,400 per month. Rising costs to irrigate, fertilize, and harvest produce is also expected to increase variable costs to $11 per CSA box. If the farmers adjust their prices such that the average CSA box sells at $26 per customer, how many boxes would need to be sold to achieve after-tax profit of $14,000, assuming a 30% tax rate? _______ Part V. Question 4: Assume the circumstances of question 3 become reality, except ignore any impact from taxes. The Co-op's business manager estimates they may lose 15% of the usual 2,000 customers per month at the higher prices. If that happens, and considering 1 box per customer, what would be the Co-op's monthly profit? _______ Part V. Question 5: Assume the circumstances of question 4 become reality. To help attract new customers to offset those lost at higher prices, the Co-op business manager proposes investing in new marketing campaigns. These advertising efforts would increase monthly costs by $3,000. Assuming the farmers take the recommendation to launch the new marketing campaign and it successfully attracts 350 new monthly customers (bringing total customers to 2,050 per month), by how much would the Co-op's monthly profit change? _______
As аpplicаble in yоur cаlculatiоns, use the fоllowing methods for rounding purposes: (i) do not round any required intermediate calculated values(ii) round final answers to the nearest whole dollar McKale Healthcare (MKH) provides boutique clinical and urgent care services across three Southern Arizona locations. MKH has two revenue-generating units (Clinical and Urgent Care), and two service departments (Corporate Overhead and Transportation & Maintenance). Before allocating the two service department costs, budgeted costs and the percentage amount of each service department's output contributed to the other departments or units is as follows: Important: please do not use commas or $ signs in your answers. Express all numeric answers as positive values. Part IV. Question 1: Using the direct method, after allocations what is the total budgeted cost of the Clinical unit? _______ Part IV. Question 2: Using the step-down method and given Transportation & Maintenance is allocated first, after allocations what is the total budgeted cost of the Urgent Care unit? _______