Econ final assignment due in 3 days
Bonus
| Employee | Sales | Bonus | Bonus Next | Bonus Next10% |
| Bill | $ 446,127 | |||
| Dill | $ 724,229 | |||
| Fill | $ 642,837 | |||
| Gill | $ 364,438 | |||
| Hill | $ 1,269,977 | |||
| Jill | $ 777,809 | |||
| Mill | $ 572,970 | |||
| Nill | $ 341,342 | |||
| Pill | $ 1,326,151 | |||
| Rill | $ 1,175,821 | |||
| Sill | $ 875,115 | |||
| Till | $ 600,024 | |||
| Vill | $ 853,954 | |||
| Will | $ 1,278,960 | |||
| Zill | $ 875,369 | |||
| Total | $12,125,123.73 | $0.00 | $0.00 | $0.00 |
| > $400,000 sales bonus | 0.50000% | |||
| >$400,000 sales bonus | 0.50000% | |||
| Fill in CWID in the red cells below as shown: | ||||
| If CWID = | A12345678 | |||
| A | 123 | 45 | 678 | |
| A | 123 | 45 | 678 | |
| $ 445,879 | By typing my name below I am agreeing that I have not discussed this exam with anyone and all work is my own. | |||
| $ 723,981 | ||||
| $ 642,589 | ||||
| $ 364,190 | ||||
| $ 1,269,729 | ||||
| $ 777,561 | ||||
| $ 572,722 | ||||
| $ 341,094 | ||||
| $ 1,325,903 | ||||
| $ 1,175,573 | ||||
| $ 874,867 | ||||
| $ 599,776 | ||||
| $ 853,706 | ||||
| $ 1,278,712 | ||||
| $ 875,121 |
Break-even
| Inputs | |||||||||||||||||||
| Grain sold | 250 | bu/acre | |||||||||||||||||
| Pasture Value | 10 | $/acre | Break-even Yield at $5.00 per bushel = | bu/acre | |||||||||||||||
| Selling price | $ 5.00 | $/bu | |||||||||||||||||
| NonHarvest VC | $ 295 | $/acre | Break-even price at 250 bushels per acre = | $/bushel | |||||||||||||||
| Custom Harvest | $ 30 | $/acre | |||||||||||||||||
| Excess bushels | $ 0.25 | S/bu over ==> | 200 | ||||||||||||||||
| Hauling cost | $ 0.25 | $/bu | |||||||||||||||||
| Fixed costs | $ 373 | per acre | |||||||||||||||||
| Tax rate | 20% | % of Profit before taxes | |||||||||||||||||
| Income statement | |||||||||||||||||||
| Revenue | |||||||||||||||||||
| Grain | Profit Matrix | ||||||||||||||||||
| Pasture | |||||||||||||||||||
| Total Revenue | Yield per acre | ||||||||||||||||||
| 180 | 190 | 200 | 210 | 220 | 230 | 240 | 250 | 260 | 270 | 280 | 290 | 300 | 310 | ||||||
| Expenses | $ 2.00 | ||||||||||||||||||
| Nonharvest VC | Selling price | $ 2.25 | |||||||||||||||||
| Custom Harvest | per bushel | $ 2.50 | |||||||||||||||||
| Excess Bushels Cost | $ 2.75 | ||||||||||||||||||
| Hauling Cost | $ 3.00 | ||||||||||||||||||
| Fixed costs | $ 3.25 | ||||||||||||||||||
| Total costs | $ 3.50 | ||||||||||||||||||
| $ 3.75 | |||||||||||||||||||
| Profit before tax | $ 4.00 | ||||||||||||||||||
| Tax | $ 4.25 | ||||||||||||||||||
| Net income | $ 4.50 | ||||||||||||||||||
| $ 4.75 | |||||||||||||||||||
| $ 5.00 | |||||||||||||||||||
| $ 5.25 | |||||||||||||||||||
| $ 5.50 | |||||||||||||||||||
| $ 5.75 | |||||||||||||||||||
| $ 6.00 | |||||||||||||||||||
| $ 6.25 | |||||||||||||||||||
| $ 6.50 | |||||||||||||||||||
| $ 6.75 | |||||||||||||||||||
| $ 7.00 |
Mix
| Hats | Selling Price | Cloth Needed units | Leather Needed units | Cutting Labor Hours | Sewing Labor Hours | Finishing Labor hours |
| Cloth | $ 45.00 | 1 | 0 | 0.05 | 0.075 | 0.05 |
| Cloth & leather | $ 49.00 | 0.75 | 0.25 | 0.05 | 0.15 | 0.075 |
| Leather | $ 56.00 | 0 | 1 | 0.05 | 0.1 | 0.1 |
| Labor | Wage Rate / Hour | Supply of Labor Hours | Materials | Material Cost / unit | Supply of Material Units | |
| Cutting | $ 10.00 | 92.25 | Cloth | $ 6.78 | 1,250 | |
| Sewing | $ 12.50 | 184.5 | Leather | $ 12.78 | 1,250 | |
| Finishing | $ 15.00 | 123 | ||||
| Compute | Values | |||||
| Total Revenues | ||||||
| Total Costs | ||||||
| Profit | ||||||
| Type of Hat | Number Produced | Units of Cloth Used | Units of Leather Used | Cutting Labor Used Hours | Sewing Labor Used Hours | Finishing Labor Used Hours |
| Cloth | ||||||
| Cloth & leather | ||||||
| Leather | ||||||
| Totals |
Oats
| obs | Oats | Nitrogen | P2O5 | K2O |
| 1 | 46.4 | 0 | 0 | 0 |
| 2 | 42.6 | 0 | 0 | 0 |
| 3 | 43.2 | 0 | 0 | 0 |
| 4 | 42.9 | 0 | 0 | 0 |
| 5 | 52.8 | 0 | 0 | 0 |
| 6 | 48.5 | 0 | 0 | 0 |
| 7 | 44 | 0 | 0 | 0 |
| 8 | 41.3 | 0 | 0 | 0 |
| 9 | 39.2 | 0 | 0 | 0 |
| 10 | 42.6 | 0 | 0 | 0 |
| 11 | 43.2 | 0 | 40 | 0 |
| 12 | 56.3 | 0 | 40 | 0 |
| 13 | 42.7 | 0 | 80 | 0 |
| 14 | 46.5 | 0 | 80 | 0 |
| 15 | 39 | 0 | 160 | 0 |
| 16 | 44.6 | 0 | 0 | 40 |
| 17 | 44.4 | 0 | 0 | 40 |
| 18 | 45.7 | 0 | 40 | 40 |
| 19 | 49.4 | 0 | 40 | 40 |
| 20 | 56.6 | 0 | 80 | 40 |
| 21 | 52.1 | 0 | 80 | 40 |
| 22 | 51.2 | 0 | 160 | 40 |
| 23 | 41.7 | 0 | 0 | 80 |
| 24 | 41.7 | 0 | 0 | 80 |
| 25 | 54.8 | 0 | 40 | 80 |
| 26 | 49.6 | 0 | 40 | 80 |
| 27 | 53.5 | 0 | 80 | 80 |
| 28 | 47.5 | 0 | 80 | 80 |
| 29 | 47.3 | 0 | 160 | 80 |
| 30 | 40.2 | 0 | 0 | 160 |
| 31 | 37.9 | 0 | 40 | 160 |
| 32 | 46 | 0 | 80 | 160 |
| 33 | 44.2 | 0 | 160 | 160 |
| 34 | 51.5 | 40 | 0 | 0 |
| 35 | 55.5 | 40 | 0 | 0 |
| 36 | 45.2 | 40 | 40 | 0 |
| 37 | 48.8 | 40 | 40 | 0 |
| 38 | 51.5 | 40 | 80 | 0 |
| 39 | 41.7 | 40 | 80 | 0 |
| 40 | 49.4 | 40 | 160 | 0 |
| 41 | 54.6 | 40 | 0 | 40 |
| 42 | 54.1 | 40 | 0 | 40 |
| 43 | 56.8 | 40 | 40 | 40 |
| 44 | 52.4 | 40 | 40 | 40 |
| 45 | 57.5 | 40 | 80 | 40 |
| 46 | 52.4 | 40 | 80 | 40 |
| 47 | 51.1 | 40 | 160 | 40 |
| 48 | 54 | 40 | 0 | 80 |
| 49 | 52.7 | 40 | 0 | 80 |
| 50 | 44.6 | 40 | 40 | 80 |
| 51 | 48 | 40 | 40 | 80 |
| 52 | 45.7 | 40 | 80 | 80 |
| 53 | 49.1 | 40 | 80 | 80 |
| 54 | 49.3 | 40 | 160 | 80 |
| 55 | 47 | 40 | 0 | 160 |
| 56 | 41.3 | 40 | 40 | 160 |
| 57 | 45.7 | 40 | 80 | 160 |
| 58 | 49.7 | 40 | 160 | 160 |
| 59 | 40 | 80 | 0 | 0 |
| 60 | 43.3 | 80 | 0 | 0 |
| 61 | 52 | 80 | 40 | 0 |
| 62 | 45.8 | 80 | 40 | 0 |
| 63 | 57.8 | 80 | 80 | 0 |
| 64 | 59.1 | 80 | 80 | 0 |
| 65 | 56.2 | 80 | 160 | 0 |
| 66 | 42.1 | 80 | 0 | 40 |
| 67 | 42.5 | 80 | 0 | 40 |
| 68 | 48.9 | 80 | 40 | 40 |
| 69 | 59.2 | 80 | 40 | 40 |
| 70 | 53.8 | 80 | 80 | 40 |
| 71 | 58.8 | 80 | 80 | 40 |
| 72 | 52.7 | 80 | 160 | 40 |
| 73 | 61.5 | 80 | 0 | 80 |
| 74 | 53.2 | 80 | 0 | 80 |
| 75 | 59.9 | 80 | 40 | 80 |
| 76 | 56.6 | 80 | 40 | 80 |
| 77 | 51.2 | 80 | 80 | 80 |
| 78 | 51.5 | 80 | 80 | 80 |
| 79 | 52.8 | 80 | 160 | 80 |
| 80 | 48.4 | 80 | 0 | 160 |
| 81 | 55.9 | 80 | 40 | 160 |
| 82 | 49.9 | 80 | 80 | 160 |
| 83 | 46.4 | 80 | 160 | 160 |
| 84 | 47 | 120 | 0 | 0 |
| 85 | 45.3 | 120 | 40 | 0 |
| 86 | 51.1 | 120 | 80 | 0 |
| 87 | 57.5 | 120 | 160 | 0 |
| 88 | 47 | 120 | 0 | 40 |
| 89 | 49 | 120 | 40 | 40 |
| 90 | 58.1 | 120 | 80 | 40 |
| 91 | 50.5 | 120 | 160 | 40 |
| 92 | 62.2 | 120 | 0 | 80 |
| 93 | 49.1 | 120 | 40 | 80 |
| 94 | 59.7 | 120 | 80 | 80 |
| 95 | 53.2 | 120 | 160 | 80 |
| 96 | 54.3 | 120 | 0 | 160 |
| 97 | 45.7 | 120 | 40 | 160 |
| 98 | 51.5 | 120 | 80 | 160 |
| 99 | 54.1 | 120 | 160 | 160 |
| 100 | 34.5 | 240 | 0 | 0 |
| 101 | 41.1 | 240 | 40 | 0 |
| 102 | 54.1 | 240 | 80 | 0 |
| 103 | 63.1 | 240 | 160 | 0 |
| 104 | 45.5 | 240 | 0 | 40 |
| 105 | 55.2 | 240 | 40 | 40 |
| 106 | 55 | 240 | 80 | 40 |
| 107 | 61.7 | 240 | 160 | 40 |
| 108 | 54.1 | 240 | 0 | 80 |
| 109 | 52.6 | 240 | 40 | 80 |
| 110 | 53.3 | 240 | 80 | 80 |
| 111 | 62.7 | 240 | 160 | 80 |
| 112 | 55.3 | 240 | 0 | 160 |
| 113 | 56.6 | 240 | 40 | 160 |
| 114 | 52 | 240 | 80 | 160 |
| 115 | 59.2 | 240 | 160 | 160 |