Hampton company is considering the addition of a new product to its cosmetics line. the company has three distinctly different options: a skin cream, a bath oil, or a hair coloring gel. relevant information and budgeted annual income statements for each of the products follow. relevant information skin cream bath oil color gel budgeted sales in units (a) 120,000 216,000 72,000 expected sales price (b) $ 7.00 $ 4.00 $ 10.00 variable costs per unit (c) $ 2.00 $ 1.00 $ 6.00 income statements sales revenue (a × b) $ 840,000 $ 864,000 $ 720,000 variable costs (a × c) (240,000 ) (216,000 ) (432,000 ) contribution margin 600,000 648,000 288,000 fixed costs (480,000 ) (540,000 ) (120,000 ) net income $ 120,000 $ 108,000 $ 168,000 required determine the margin of safety as a percentage for each product. prepare revised income statements for each product, assuming a 25 percent increase in the budgeted sales volume. for each product, determine the percentage change in net income that results from the 25 percent increase in sales. assuming that management is pessimistic and risk averse, which product should the company add to its cosmetics line? assuming that management is optimistic and risk aggressive, which product should the company add to its cosmetics line?

5. profit maximization and shutting down in the short run suppose that the market for polos is a competitive market. the following graph shows the daily cost curves of a firm operating in this market. 0 2 4 6 8 10 12 14 16 18 20 50 45 40 35 30 25 20 15 10 5 0 price (dollars per polo) quantity (thousands of polos) mc atc avc for each price in the following table, calculate the firm's optimal quantity of units to produce, and determine the profit or loss if it produces at that quantity, using the data from the previous graph to identify its total variable cost. assume that if the firm is indifferent between producing and shutting down, it will produce. (hint: you can select the purple points [diamond symbols] on the previous graph to see precise information on average variable cost.) price quantity total revenue fixed cost variable cost profit (dollars per polo) (polos) (dollars) (dollars) (dollars) (dollars) 12.50 135,000 27.50 135,000 45.00 135,000 if the firm shuts down, it must incur its fixed costs (fc) in the short run. in this case, the firm's fixed cost is $135,000 per day. in other words, if it shuts down, the firm would suffer losses of $135,000 per day until its fixed costs end (such as the expiration of a building lease). this firm's shutdown price—that is, the price below which it is optimal for the firm to shut down—is per polo.

Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)

Vincent is interested in increasing his earning potential upon completing his internship at a major accounting firm. which option can immediately boost his career in the intended direction? b. complete a certification from a professional organization c. complete a new four-year undergraduate program in a related field d. complete a two-year associate degree in a related field e. complete an online course in accounting