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Critical Thinking 6
No other submission format is allowed. Review the grading rubric to confirm you are meeting the assignment requirements.
Problem 1
Milwaukee Dairy Company produces cream, whole milk, and 2% milk. The joint cost of producing the three products is SAR 30,000. The split-off quantities and selling prices of each product are as follows:
Split-off Quantity (Gallons)
Price at Split off (SAR)
Cream
550
19.00
Whole milk
4,000
13.00
2% milk
1,200
6.50
Required: Calculate how much of the joint costs should be allocated to each product using the market value at split off method.
Problem 2
The following information pertains to Delicious Bakery Company:
GIVEN:
Janitorial Dept.
Cafeteria Dept.
Mixing Dept.
Baking Dept.
Square feet
420
820
2800
2500
Number of employees
12
25
65
120
Department cost (SAR)
620,000
1,200,000
3,200,000
4,200,000
Required: Allocate Janitorial and Cafeteria department costs to mixing and baking departments using the Direct method. Use square feet for allocating janitorial costs and number of employees for allocating cafeteria department costs.
Problem 3
Maintenance Hours
Maintenance Cost (SAR)
January
2,400
33,000
February
1,700
28,000
March
2,700
31,000
April
1,300
17,000
May
1,500
23,000
June
2,150
26,000
Required:
Calculate variable cost per unit using the high-low method.
Calculate fixed costs.
Calculate estimated costs at 2,700 maintenance hours.
Problem 4
Given the following:
Total (SAR)
Sales (40,000 units)
4,600,000
Variable expenses
2,700,000
Contribution margin
1,900,000
Fixed expenses
1,250,000
Net operating income
650,000
Required:
Calculate variable expense ratio
Calculate contribution margin ratio
Calculate break even sales in Units
Calculate break even sales in SAR
How many units must be sold to make a profit of 300,000 SAR?
Management is considering increasing the quality of its units by spending SAR 5 more per unit in variable costs and increasing advertising by SAR 80,000. Management believes these changes will increase unit sales by 20% at the same price.
Calculate the new operating profit or loss.
Explain whether management should make the change and why or why not.
You must show all your work for credit.
Kindly, can you please put the answers with cells formulas and write the steps formulas for each question and make sure to clear each question alone either in a side or different tab
Critical thinking
Many people cannot see the point in being detached or in feeling neutral to both pleasant and unpleasant
things in the world. But sometimes the Buddhist logic is inescapable. The concept of no-self is perhaps the
most difficult idea in Buddhism. What is this concept? Explain the usefulness of this when dealing with
everyday experience, and post an example where this would be helpful.
Related to this, some people may think that the concept of detachment or no-self leads to a depressing and
bland life. You may change your mind when you watch the following video on Happiness:
How does the speaker relate happiness with belief and behavior? How could his discussion be applied to
everyday life (whether one is a Buddhist or not)?
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