Database System Concepts
7th Edition
ISBN: 9780078022159
Author: Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher: McGraw-Hill Education
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Using the worksheet pictured above, answer the following questions:
a.
Describe the steps you would follow to create the Profit calculation portion of the worksheet. Within the Profit calculation portion of the worksheet pictured, which cells would contain formulas? Specify each cell that would contain a formula and what each of those formulas would be.
b.
Describe the steps you would follow to create the Data table portion of the worksheet pictured.
c.
What is the current break even volume of sales if the selling price remains at $50? How do you know?
d.
If the company raises the selling price to $60 and sells 600 units, what would be the operating income?
e.
If the company's suppliers increase the cost of direct materials, would you expect the table to contain the same, fewer, or more shaded cells?
f.
If the company can negotiate lower plant property taxes with the county, would you expect the table to contain the same, fewer, or more shaded cells?
g.
If the company increased its target profit goal to $15,000 per month, would you expect the table to contain the same, fewer, or more shaded cells?
Transcribed Image Text:### Profit Calculation
1. **Sales Price per Unit**: $50
2. **Less: Variable Cost per Unit**: $20
3. **Contribution Margin per Unit**: $30
4. **Volume**: 700 units
### Calculations
- **Total Contribution Margin**: $21,000
This is calculated by multiplying the contribution margin per unit ($30) by the volume (700).
- **Less: Fixed Expenses**: $12,000
- **Operating Income**: $9,000
This is derived by subtracting the fixed expenses from the total contribution margin ($21,000 - $12,000).
### Monthly Target
- **Monthly Target Profit (Minimum)**: $9,999
### Explanation
- **Contribution Margin** refers to the amount remaining from sales revenue after variable costs have been subtracted. It contributes to covering fixed expenses and generating profit.
- **Volume** represents the number of units sold.
- **Fixed Expenses** are costs that do not vary with the level of production or sales.
This table helps in understanding how different financial components affect profit and sets a minimum target for monthly earnings.
Transcribed Image Text:### What If Analysis Table
This table represents a "What If" analysis, likely used for financial forecasting or scenario planning based on different price points.
#### Rows and Columns:
- **Row 2:** Shows initial fixed values or key indicators.
- **B2:** $9,000
- **C2:** $45
- **Columns C to H:** Represent different price points ranging from $45 to $70.
- **Rows 3 to 14:** Display calculated results based on varying 'What If' scenarios. The figures adjust according to the associated column values (C to H).
#### Key Values:
- **Row 3:**
- C3 ($10,500), D3 ($15,000), E3 ($19,500), up to H3 ($33,000) show different revenue estimates or outputs for respective pricing models.
- **Rows with Red Values (12-14):** Indicate negative values, likely signifying losses or costs exceeding revenue:
- Example: C12 ($750), D13 ($2,000), F14 ($2,000).
- **Progression Analysis:**
- Values transition from positive to negative as input factors (e.g., price, quantity) are varied, reflecting their impact on profitability or another key metric.
This analysis helps in understanding the influence of pricing strategies on financial outcomes, allowing strategic decisions to be made by assessing potential profits or losses at varied price points.
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