7
answers
1
watching
295
views
ThatDudeLv1
11 Jul 2022
Required information
[The following information applies to the questions displayed below.]
Data for Hermann Corporation are shown below:
Per unit Percentage of sales
Selling price $75 100%
Variable expenses 51 68
Contribution margin $24 32%
Fixed expenses are $ 75,000 per month and the company is selling 4,000 units per month.
Required:
1-a. How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,900, the monthly sales volume increases by 100 units, and the total monthly sales increase by $7,500?
1.b. Should the advertising budget be increased?
Complete this question by entering your answers in the tabs below.
Req 1A
How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,900, the monthly sales volume increases by 100 units, and the total monthly sales increase by $7,500? (Do not round intermediate calculations.)
Net operating income ____ by ____
Required information
[The following information applies to the questions displayed below.]
Data for Hermann Corporation are shown below:
Per unit Percentage of sales
Selling price $75 100%
Variable expenses 51 68
Contribution margin $24 32%
Fixed expenses are $ 75,000 per month and the company is selling 4,000 units per month.
Required:
1-a. How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,900, the monthly sales volume increases by 100 units, and the total monthly sales increase by $7,500?
1.b. Should the advertising budget be increased?
Complete this question by entering your answers in the tabs below.
Req 1A
How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,900, the monthly sales volume increases by 100 units, and the total monthly sales increase by $7,500? (Do not round intermediate calculations.)
Net operating income ____ by ____
annyong558Lv10
25 Nov 2023
papayaprofessorLv10
5 Sep 2022
Already have an account? Log in
learn4lifeLv10
12 Jul 2022
Already have an account? Log in
Read by 1 person
husnaweishLv1
11 Jul 2022
Already have an account? Log in
Related questions
***URGENT*** plz help to answer this is due in a couple of hours. These are answered but plz let me know if they are wrong and if so what the correct answers are
Thank you. Directions and excel info mentioned in the instructions are there
Answer the following questions using the accompanying data set that lists the actual class memberships and predicted Class 1 (target class) probabilities for 10 observations.
a. Compute the misclassification rate, accuracy rate, sensitivity, precision, and specificity using the cutoff value of 0.5. (Round your final answers to 2 decimal places.)
| Misclassification rate | 0.60 |
| Accuracy rate | 0.40 |
| Sensitivity | 0.40 |
| Precision | 0.40 |
| Specificity | 0.40 |
b. Compute the misclassification rate, accuracy rate, sensitivity, precision, and specificity using the cutoff value of 0.25. (Round your final answers to 2 decimal places.)
| Misclassification rate | 0.50 |
| Accuracy rate | 0.50 |
| Sensitivity | 0.80 |
| Precision | 0.50 |
| Specificity | 0.20 |
c. Compute the misclassification rate, accuracy rate, sensitivity, precision, and specificity using the cutoff value of 0.75. (Round your final answers to 2 decimal places.)
| Misclassification rate | 0.70 |
| Accuracy rate | 0.30 |
| Sensitivity | 0.20 |
| Precision | 0.25 |
| Specificity | 0.40 |
| Observation | Actual Class | Class 1 Probability |
| 1 | 0 | 0.16 |
| 2 | 1 | 0.25 |
| 3 | 1 | 0.76 |
| 4 | 0 | 0.41 |
| 5 | 1 | 0.05 |
| 6 | 1 | 0.66 |
| 7 | 0 | 0.85 |
| 8 | 0 | 0.82 |
| 9 | 1 | 0.31 |
| 10 | 0 | 0.83 |
