Alg2 lesson 6-1 day 2
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The owner of a souvenir shop currently sells 200 coffee mugs per month at $6 each. For every $0.50 increase in price, sales are estimated to decrease by 10 mugs. To maximize monthly income from mug sales, the owner should charge $8 per mug, which would result in an expected monthly income of $1280.
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Research Paper (100 pts.)
Students will choose a topic with approval from instructor. Research will be sources such as peer-
reviewed journals, scientific writings, textbooks, and instructor approved resources to complete the
presentation. Students will write an abstract of their research and will present the research information
related to the course topic.
Directions
1. Research your approved topic using peer-reviewed journal articles, textbooks, scholarly papers,
and approved instructor resources. Using 7-10 approved resources write a 5-7 page research
abstract on your chosen topic.
2. Turn in your 7-10 resources you have chosen for your research abstract. These resources are not
to change and once submitted cannot be changed without instructor approval.
3. Write a 5-7 page research paper using APA format.
Suggested research topics:
Endurance adaptations to training, cardiovascular adaptations to training, metabolic adaptations to
training, cardiorespiratory endurance, environmental effect on exercise, overtraining, tapering, nutrition
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Resources:
1. Must be after 2002.
2. Use APA format when listing.
Paper:
1. 12 font, double-spaced, Times New Roman, 1” margins, APA source citations
2. Pages numbered in the bottom right corner
3. Paper format: introduction of topic, current research, and conclusion
Deadline
10/16/2017 Topic Due
11/6/2017 Paper Due
Cost Drivers Peer Discussion Posts
1.) Tamara Marquis posted Oct 21, 2017 4:41 PM
Subscribed Subscribe
The materials needed to produce a single batch of caramels for sale are cream, butter, salt, sugar, corn syrup, cellophane wrappers, and bags. I have calculated the cost of each item as follows: $1.50 per cup cream, $0.12 per tablespoon butter, $0.33 per teaspoon salt, $0.24 per cup sugar, $0.31 per ¼ cup corn syrup, $0.02 per wrapper, and $0.06 per bag. To make a medium batch of caramels, which will result in 16 units for sale, I will need to use 5 cups cream 25 tablespoons butter 10 teaspoon salt, 7 ½ cup sugar, 1 ¼ cup corn syrup, 800 wrappers, and 16 bags. The total direct materials cost to make the batch is $34.11, and the total direct cost per unit is $2.13.
To cook the caramels will only require one employee making $8.75 an hour and will take 45 minutes. To cut, wrap, weigh and bag will take 1 employee making $8.75 an hour and will take 1 ½ hour. The direct labor costs associated with making the batch is $19.69, and the total direct labor cost per unit is $1.23.
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1
Break-Even Analysis
Marketers need to understand break-even
analysis because it helps them choose the
best pricing strategy and make smart
decisions about the short- and long-term
profitability of the product.
This is an analysis that tells you how many
products you need to sell to cover your costs.
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Cost the money it costs us to make and sell our product
Profit the money we have left over from our revenue
after we pay all of our costs
Revenue - Costs = Profit
Price the money a consumer pays for one unit of product
the money we take in from one unit of product
Price x Units = Revenue
Revenue/Units = Price
2
Exercise 1
Product
Units Sold in
August
Price per
Unit
Cost per Unit
Bulletin Board 400 $3.00 $1.00
Magnetic White Board 600 $4.00 $3.00
Combination Board 250 $5.00 $3.50
Exercise 1
1. What was Stick-It-Up’s total sales revenue in August?
2. What was Stick-It-Up’s total profit in August?
3. What product contributed the most to sales revenue in August?
What percentage of the sales revenue did it contribute?
4. What product contributed the most to profit in August? What
percentage of the profit did it contribute?
5. If sales of magnetic white boards went up by 20%, how much
more would it contribute to sales revenue? To profits?
6. Suppose that increasing sales of magnetic white boards by 20%
would cost the company $500 per month in advertising expenses.
Should they spend the $500 per month on additional advertising?
Exercise 1
What was Stick-It-Up’s total revenue in August?
Revenue from:
Bulletin Boards 400 x $3.00 $1,200.00
Magnetic White Boards 600 x $4.00 $2,400.00
Combination Boards 250 x $5.00 $1,250.00
Total Revenue $4,850.00
Product
Units Sold in
August
Price per
Unit
Cost per Unit
Bulletin Board 400 $3.00 $1.00
Magnetic White Board 600 $4.00 $3.00
Combination Board 250 $5.00 $3.50
3
Exercise 1
What was Stick-It-Up’s total profit in August?
Cost of:
Bulletin Boards 400 x $1.00 $400.00
Magnetic White Boards 600 x $3.00 $1,800.00
Combination Boards 250 x $3.50 $875.00
Total Cost $3,075.00
Profit = Total Revenue - Total Cost = $4,850 - $3,075 = $1,775
Product
Units Sold in
August
Price per
Unit
Cost per Unit
Bulletin Board 400 $3.00 $1.00
Magnetic White Board 600 $4.00 $3.00
Combination Board 250 $5.00 $3.50
Exercise 1
What was Stick-It-Up’s total profit in August?
Profit on:
Bulletin Boards 400 x ($3.00-$1.00) $800.00
Magnetic White Boards 600 x ($4.00-$3.00) $600.00
Combination Boards 250 x ($5.00-$3.50) $375.00
Total Profit $1,775.00
Product
Units Sold in
August
Price per
Unit
Cost per Unit
Bulletin Board 400 $3.00 $1.00
Magnetic White Board 600 $4.00 $3.00
Combination Board 250 $5.00 $3.50
Exercise 1
What product contributed the most to revenue in August? What
percentage did it contribute?
Bulletin Boards $1,200.00
Magnetic White Boards $2,400 ...
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This document covers topics related to repeating decimals, irrational numbers, and square roots. It includes examples of writing repeating decimals as fractions, ordering decimals, finding square roots, and using the Pythagorean theorem. Various math problems are presented along with step-by-step solutions to illustrate these concepts.
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The document discusses key concepts for estimating revenues, costs, and profits for new businesses. It provides examples of Monsieur LePlonk, who is opening a French food shop, and Shelly Isfit, who is starting a personal training business. It explains how to estimate revenues based on expected sales volumes and prices. It also distinguishes between fixed and variable costs, and shows how to calculate total costs and profits or losses. The impacts of making a profit or loss on a business are also covered.
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This document outlines a 5 step plan to financial freedom through building a network of retail and wholesale customers. Step 1 is becoming an Advisor earning $1,400 annually. Step 2 is reaching Silver earning $12,000 annually by helping others reach Advisor. Step 3 is becoming 3 Star Gold earning $40,000 annually by helping others reach Silver. Step 4 is becoming Ruby earning $84,000 annually by helping others reach 3 Star Gold. Step 5 is repeating this process by adding more teams to reach higher and more lucrative ranks such as Emerald and Diamond that earn over $300,000 and $900,000 annually respectively.
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This document summarizes how a multi-level marketing program called Shop to Earn works. Participants can earn commissions by referring others and shopping a minimum of $100 per month. Points are earned from people joining your team and their shopping. Commissions are paid based on point thresholds. The document provides specifics on point structures, bonuses for recruiting in the first 30 days, and costs to become a broker, website owner or business builder in the program.
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This document summarizes how a multi-level marketing program called Shop to Earn works. Participants can earn commissions by referring others and shopping a minimum of $100 per month. Points are earned from people joining your team and their shopping. Commissions are paid based on point thresholds. The document provides specifics on point structures, bonuses for recruiting in the first 30 days, and costs to become a broker, website owner or business builder in the program.
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The definition of “Cost of Goods Sold” is the cost of goods that have been removed from inventory and delivered to customers (sold) during an accounting period
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This document provides examples of solving various types of ratio, percent, and finance problems:
1) It shows how to calculate discounts, taxes, tips, commissions, markups, percent changes, and simple interest using formulas and step-by-step workings.
2) Common calculations include finding percentages of amounts, adding and subtracting to determine final totals, and multiplying principal by rate and time to determine interest earned.
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Concordia University Exercise & Sport Scie.docx
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ESS 406: Exercise Physiology Fall 2017
Research Paper (100 pts.)
Students will choose a topic with approval from instructor. Research will be sources such as peer-
reviewed journals, scientific writings, textbooks, and instructor approved resources to complete the
presentation. Students will write an abstract of their research and will present the research information
related to the course topic.
Directions
1. Research your approved topic using peer-reviewed journal articles, textbooks, scholarly papers,
and approved instructor resources. Using 7-10 approved resources write a 5-7 page research
abstract on your chosen topic.
2. Turn in your 7-10 resources you have chosen for your research abstract. These resources are not
to change and once submitted cannot be changed without instructor approval.
3. Write a 5-7 page research paper using APA format.
Suggested research topics:
Endurance adaptations to training, cardiovascular adaptations to training, metabolic adaptations to
training, cardiorespiratory endurance, environmental effect on exercise, overtraining, tapering, nutrition
and endurance training, nutrition and body composition, ergogenic aids, physiological adaptations to
exercise training in elderly, cardiovascular disease and exercise, muscle soreness, resistance training,
energy expenditure during exercise, adaptations to aerobic training, adaptations to anaerobic training
Resources:
1. Must be after 2002.
2. Use APA format when listing.
Paper:
1. 12 font, double-spaced, Times New Roman, 1” margins, APA source citations
2. Pages numbered in the bottom right corner
3. Paper format: introduction of topic, current research, and conclusion
Deadline
10/16/2017 Topic Due
11/6/2017 Paper Due
Cost Drivers Peer Discussion Posts
1.) Tamara Marquis posted Oct 21, 2017 4:41 PM
Subscribed Subscribe
The materials needed to produce a single batch of caramels for sale are cream, butter, salt, sugar, corn syrup, cellophane wrappers, and bags. I have calculated the cost of each item as follows: $1.50 per cup cream, $0.12 per tablespoon butter, $0.33 per teaspoon salt, $0.24 per cup sugar, $0.31 per ¼ cup corn syrup, $0.02 per wrapper, and $0.06 per bag. To make a medium batch of caramels, which will result in 16 units for sale, I will need to use 5 cups cream 25 tablespoons butter 10 teaspoon salt, 7 ½ cup sugar, 1 ¼ cup corn syrup, 800 wrappers, and 16 bags. The total direct materials cost to make the batch is $34.11, and the total direct cost per unit is $2.13.
To cook the caramels will only require one employee making $8.75 an hour and will take 45 minutes. To cut, wrap, weigh and bag will take 1 employee making $8.75 an hour and will take 1 ½ hour. The direct labor costs associated with making the batch is $19.69, and the total direct labor cost per unit is $1.23.
The overhead costs of granite slab, candy therm.
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This is my Managerial Accounting project, that my group and I produced. I had an amazing team that I would jump at the opportunity to work with again. We worked on the raw data and calculations together, and I was personally responsible for the General Information sections 1-4. I can't include all of the calculations, however I can produce the excel document which does upon request.
1Break-Even AnalysisMarketers need to understand break.docx
1
Break-Even Analysis
Marketers need to understand break-even
analysis because it helps them choose the
best pricing strategy and make smart
decisions about the short- and long-term
profitability of the product.
This is an analysis that tells you how many
products you need to sell to cover your costs.
Profitability
Profitability Definitions
Revenue the money we take in from sales
Cost the money it costs us to make and sell our product
Profit the money we have left over from our revenue
after we pay all of our costs
Revenue - Costs = Profit
Price the money a consumer pays for one unit of product
the money we take in from one unit of product
Price x Units = Revenue
Revenue/Units = Price
2
Exercise 1
Product
Units Sold in
August
Price per
Unit
Cost per Unit
Bulletin Board 400 $3.00 $1.00
Magnetic White Board 600 $4.00 $3.00
Combination Board 250 $5.00 $3.50
Exercise 1
1. What was Stick-It-Up’s total sales revenue in August?
2. What was Stick-It-Up’s total profit in August?
3. What product contributed the most to sales revenue in August?
What percentage of the sales revenue did it contribute?
4. What product contributed the most to profit in August? What
percentage of the profit did it contribute?
5. If sales of magnetic white boards went up by 20%, how much
more would it contribute to sales revenue? To profits?
6. Suppose that increasing sales of magnetic white boards by 20%
would cost the company $500 per month in advertising expenses.
Should they spend the $500 per month on additional advertising?
Exercise 1
What was Stick-It-Up’s total revenue in August?
Revenue from:
Bulletin Boards 400 x $3.00 $1,200.00
Magnetic White Boards 600 x $4.00 $2,400.00
Combination Boards 250 x $5.00 $1,250.00
Total Revenue $4,850.00
Product
Units Sold in
August
Price per
Unit
Cost per Unit
Bulletin Board 400 $3.00 $1.00
Magnetic White Board 600 $4.00 $3.00
Combination Board 250 $5.00 $3.50
3
Exercise 1
What was Stick-It-Up’s total profit in August?
Cost of:
Bulletin Boards 400 x $1.00 $400.00
Magnetic White Boards 600 x $3.00 $1,800.00
Combination Boards 250 x $3.50 $875.00
Total Cost $3,075.00
Profit = Total Revenue - Total Cost = $4,850 - $3,075 = $1,775
Product
Units Sold in
August
Price per
Unit
Cost per Unit
Bulletin Board 400 $3.00 $1.00
Magnetic White Board 600 $4.00 $3.00
Combination Board 250 $5.00 $3.50
Exercise 1
What was Stick-It-Up’s total profit in August?
Profit on:
Bulletin Boards 400 x ($3.00-$1.00) $800.00
Magnetic White Boards 600 x ($4.00-$3.00) $600.00
Combination Boards 250 x ($5.00-$3.50) $375.00
Total Profit $1,775.00
Product
Units Sold in
August
Price per
Unit
Cost per Unit
Bulletin Board 400 $3.00 $1.00
Magnetic White Board 600 $4.00 $3.00
Combination Board 250 $5.00 $3.50
Exercise 1
What product contributed the most to revenue in August? What
percentage did it contribute?
Bulletin Boards $1,200.00
Magnetic White Boards $2,400 ...
Power ade.ppt
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1150 day 11
Ratios, proportions, and percents can be used to compare quantities and solve problems. A ratio compares two quantities, like the number of squares to circles. Equal ratios form a proportion, which can be used to solve for unknown values. Percents represent a number out of 100. Common percent calculations include finding a percent of a number and converting between fractions, decimals, and percents. The percent proportion states that the percent equals the part divided by the whole quantity.
1150 day 10
This document covers topics related to repeating decimals, irrational numbers, and square roots. It includes examples of writing repeating decimals as fractions, ordering decimals, finding square roots, and using the Pythagorean theorem. Various math problems are presented along with step-by-step solutions to illustrate these concepts.
1150 day 9
1) Decimals represent numbers using place value with decimal points. To write decimals in expanded form, they are broken into place value terms using positive and negative exponents.
2) Fractions can be converted to decimals using division or by writing the fraction as a ratio of two numbers and setting up a proportion to solve for the decimal.
3) Scientific notation is used to write very large or small numbers in a standard form, such as 3.603 x 107. Operations can be done on decimals by lining up the decimal points or moving them with multiplication/division.
1150 day 8
This document provides an overview of rational numbers including:
- Integers and fractions written in the form a/b where a and b are integers and b ≠ 0
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- Converting between improper fractions and mixed numbers
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1150 day 7
This document discusses prime and composite numbers, greatest common divisors (GCD), and least common multiples (LCM). It provides examples of finding the GCD and LCM of various numbers using different methods like the intersection of sets method, prime factorization method, and Euclidean algorithm. Key definitions include: a prime number has exactly two distinct positive divisors, a composite number has factors other than itself and 1, the GCD is the largest integer that divides numbers, and the LCM is the smallest number that is a multiple of the given numbers.
1150 day 6
Integers include positive and negative whole numbers. Absolute value is the distance from zero. Addition and subtraction on a number line involve moving left or right. Multiplication follows patterns based on sign. Division is the inverse of multiplication regarding sign. A number is divisible by another if it can be written as a product of an integer multiple. Divisibility tests identify patterns in a number's digits.
1150 day 5
Algebraic thinking involves recognizing patterns, modeling situations with symbols, and analyzing change. It relies on understanding variables to represent unknown quantities. The document traces the evolution of algebraic thinking from simple equations to more complex concepts like functions, composite functions, and properties of equations. It provides examples of how algebraic reasoning and symbols can be used to represent and solve real-world problems.
1150 day 4
The document discusses various aspects of whole number operations including:
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2) Algorithms for addition, subtraction, multiplication, and division using various models and representations.
3) Properties of operations like the commutative, associative, identity, and zero properties of multiplication.
1150 day 3
The document discusses different number systems used throughout history including Hindu-Arabic, Egyptian, Babylonian, Mayan, and Roman systems. It also covers basic concepts of whole numbers such as addition, subtraction, and their properties. Different models are presented to demonstrate whole number operations including set, number line, take-away, comparison, and missing addend models.
1150 day 2
The document discusses sets and set operations including defining sets, elements, cardinal and ordinal numbers, equal and equivalent sets, subsets, Venn diagrams, and set operations like union, intersection, and complement. Examples are provided to illustrate concepts like finite and infinite sets, subsets, Venn diagrams representing multiple sets and operations, and using Venn diagrams to solve problems involving sets and their relationships.
1150 day 1
The number of terms in each sequence can be determined by finding a one-to-one correspondence with the counting numbers.
Alg2 lesson 13-5
This document discusses solving an ambiguous triangle where it is not a right triangle and the measures of angles and sides are not fully known. It determines that trigonometric functions and the Law of Sines cannot be used. It identifies that the Law of Cosines is the appropriate theorem to use to begin solving since it requires only knowing the measures of three sides.
Alg2 lesson 13-4
The document discusses solving for unknown sides and angles of triangles using trigonometric functions like the law of sines. Several multi-step example problems are worked through that involve determining if a triangle is possible based on given information, finding missing side lengths, and calculating angles. Diagrams are included to illustrate each step of the example problems.
Alg2 lesson 13-3
The document contains instructions for finding trigonometric function values given specific angle measurements or terminal side locations. It includes:
1) Finding the six trig functions of an angle with a terminal side at (8, -15)
2) Finding the six trig functions of an angle with a terminal side at (-3, 4)
3) Finding the reference angle of 330°
4) Finding the reference angle of an angle in Quadrant III
5) Finding the value of sin(135°)
6) Finding the remaining five trig functions of an angle in Quadrant III with a terminal side of (-4, -3)
Alg2 lesson 13-3
The document contains instructions for finding trigonometric function values given specific angle measurements or terminal side locations. It includes:
1) Finding the six trig functions of an angle with a terminal side at (8, -15)
2) Finding the six trig functions of an angle with a terminal side at (-3, 4)
3) Finding the reference angle of 330°
4) Finding the reference angle of an angle in Quadrant III
5) Finding the value of sin(135°)
6) Finding the remaining five trig functions of an angle in Quadrant III with a terminal side of (-4, -3)
Alg2 lesson 13-2
The document describes how to draw angles in standard position on a unit circle and convert between degrees and radians. It provides examples of drawing angles such as 210°, -45°, and 540° in standard position and rewriting angles such as 30°, 45°, and an unspecified angle in radians and degrees. It also gives examples of finding coterminal angles for 210° with one positive and one negative measure.
Alg2 lesson 13-1
This document discusses trigonometric functions and their ratios, including sine, cosine, tangent, cosecant, secant, and cotangent. It provides examples of using trigonometric functions to solve values in right triangles, including finding missing side lengths and angle measures. Special right triangles with ratios of 1/2, 1/√3, and 1/√2 are also covered.
Alg2 lesson 11-2 and 11-4
The document provides information about arithmetic and geometric series. It defines arithmetic and geometric series, provides examples of finding sums of arithmetic series using formulas, and defines the key terms (first term, common ratio, number of terms, last term) used in the formula to calculate the sum of a geometric series.
Alg2 lesson 11-3
The document discusses geometric sequences, which are patterns of numbers where each term is found by multiplying the previous term by a constant called the common ratio. It provides examples of geometric sequences with different common ratios and shows how to write equations to find the nth term in a sequence. It also explains how to find specific terms in a geometric sequence and calculates the geometric means between two nonconsecutive terms.
Alg2 lesson 11-1
The document discusses arithmetic sequences, which are patterns of numbers where each term is found by adding a constant value to the previous term. It provides examples of arithmetic sequences with different common differences and shows how to write equations to determine the nth term. It also explains how to find terms within an arithmetic sequence and determine arithmetic means between two non-consecutive terms.
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Alg2 lesson 6-1 day 2
- 1. A souvenir shop sells about 200 coffee mugs each month for $6 each. The shop owner estimates that for each $0.50 increase in the price, he will sell about 10 fewer coffee mugs per month. How much should the owner charge for each mug in order to maximize the monthly income from their sales? What is the independent variable? The price (number of $0.50 increases) What is the dependent variable? Monthly income Example 1-4a
- 2. The income the number of mugs sold the price per mug. is times A souvenir shop sells about 200 coffee mugs each month for $6 each. The shop owner estimates that for each $0.50 increase in the price, he will sell about 10 fewer coffee mugs per month. x = the number of $0.50 price increases I(x) = Example 1-4a
- 3. The mug price should be I(x) = so vertex is a maximum x This means that the shop should make 4 price increases of $0.50 to maximize their income. Example 1-4a
- 4. What is the maximum monthly income the owner can expect to make from these items? = -80 + 160 + 1200 Answer:The maximum income is $1280. Example 1-4a