On November 15,2014,the Cooper Co

question 99

Essay

On November 15,2014,the Cooper Co.received a special order for 6,000 three-wood golf club sets.These golf clubs will be marketed in Asia.Seto Imports Inc. ,the purchasing company,wants the clubs bulk packaged and is willing to pay $72 per set for the clubs.The president of The Cooper Co.has gathered the following product costing information about the set of woods being discussed:
· Direct materials (wood),$900 per 100 sets
· Direct materials (metal shafts),$1,200 per 100 sets
· Direct materials (grips),$200 per 100 sets
· Direct labor is $27 per set
· Variable manufacturing costs are $19 per set
· Fixed manufacturing costs are 20 percent of direct labor dollars
· Variable selling expenses are $14 per set
· Variable shipping costs are $9 per set
· Fixed general and administrative costs are 30 percent of direct labor dollars
Bulk shipping costs will total $10,000,thus eliminating both variable selling and variable shipping costs from consideration.The company did not expect this order and will reach planned production capacity for the year.However,there is enough plant capacity for the special order.Round answers to two decimal places.
a.Prepare an analysis for the president to use in deciding whether to accept or reject the offer by Seto Imports,Inc.What decision should be made?
b.What is the lowest possible price The Cooper Co.could charge per set of woods and still make a $12,000 profit on this order? Round your answers to two decimal places.

Understand the demographics of health and life expectancy in the U.S.

Understand the demographic factors influencing health disparities and medical care among various ethnic groups in the U.S.

Recognize factors contributing to socioeconomically based health disparities even with universal health care access.

Comprehend the implications of increasing life expectancy on public health and the role of health psychologists.

---

Definitions:

Care Conference

A meeting typically involving healthcare professionals, the patient, and family members to plan or review the care plan.

Standards of Professional Practice

Established norms and criteria within a profession that guide the ethical, competent, and professional conduct of its members.

Improvement Plan

A detailed plan designed to enhance or rectify a specific process, performance, or product, often involving steps to identify, analyze, and implement changes.

Employer Expectations

The set of standards or requirements that an employer sets for their employees regarding performance, behavior, and work ethic.