SOFT Micro Co

question 62

Essay

SOFT Micro Co., sells part #1973 for $240 per unit and the standard cost of producing each unit of part #1973 is determined as follows:
SOFT received a special order for 1,000 units of part #1973. The only additional cost to SOFT is a special packaging requirement that would cost $10 per unit.(a.) If SOFT were currently able to sell all of its production of part #1973, what would be the minimum sales price that SOFT should consider for this special order?
(b.) Assume that SOFT has enough idle capacity to produce 1,000 units of part #1973 and that overhead is 20% variable. If SOFT wants to increase its operating profit by $110,000, what price per unit would SOFT charge for the special order?

Apply basic concepts of wire numbering and documentation in circuit diagrams.

Understand the implementation of logic expressions in control circuits.

Understand the critique of cross-cultural research in emphasizing differences rather than commonalities.

Grasp the central concept of the nature-nurture debate within human development.

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Definitions:

Beta

A measure of a stock's volatility in comparison to the overall market's volatility, indicating the risk associated with investing in the stock.

Serial Correlation

The relationship between a data series and a lagged version of itself over consecutive time intervals.

Mutual Funds

Investment schemes that are financed by investors, trade in a variety of holdings, and are overseen by professional managers.

Jensen Measure

A performance metric used to evaluate the excess return of an investment portfolio over the predicted return of a risk-adjusted model.