Q1:Chester has negotiated a new labor contract for the next round that will affect the cost for their product Cake. Labor costs will go from $1.78 to $2.38 per unit. Assume all period and other variable costs remain the same. If Chester were to absorb the new labor costs without passing them on in the form of higher prices, how many units of product Cake would need to be sold next round to break even on the product?Select: 1852918884888Q2:Of Digby Corporationâs products, which earned the lowest Net Margin as a percentage of its sales?Select: 1DotDixieDellDazeQ3:Assuming no brokerage fees, calculate the amount of cash needed to retire Baldwin’s 12.5S2021 bond early.Select: 1$15,841,880$14,008,592$14,665,611Q4:What would Chester Corporationâs market capitalization be if the current stock price fell 10%?Select: 1$79.3 million$77.8 million$88.1 million$70.0 millionQ5:The Baldwin company will continue to train their existing workforce at their current level to help reduce turnover and improve productivity next year. Employee training costs have increased to $30 per hour. How much would their training costs per employee be to the nearest dollar?Select: 1$1,200$400$2,382$1,182Q6:Which description best fits Digby in your industry? For clarity:- A differentiator competes through good designs, high awareness, and easy accessibility.- A cost leader competes on price by reducing costs and passing the savings to customers.- A broad player competes in all parts of the market.- A niche player competes in selected parts of the market.Which of these four statements best describes this competitor?Select: 1Digby is a broad cost leaderDigby is a broad differentiatorDigby is a niche differentiatorDigby is a niche cost leaderQ7:The Andrews company currently has the following balances in their equity accounts:Common Stock $18,335Retained earnings $89,086Suppose next year the Andrews company generates $46,300 in Net Profit, and declares and pays $16,000 in Dividends. What will Andrews ending balance in Retained Earnings be next year?Select: 1$119,386$123,421$107,421$64,635Q8:The Digby company will sell 100 units (x1000) of capacity from their Dixie product line. Each unit of capacity is worth $6 plus $4 per automation rating. The Digby company will sell the capacity for 35% off. How much do they receive when the capacity is sold?Select: 1$1,190,000$3,400,000$2,210,000$1,870,000
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