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| Johnson's Shoe Productions - Major Assignment - PART 1 - Autumn Semester 2022 |
| | | | | |
| | Month No. | Shoes Produced & Sold | Net Profit Before Tax | |
| | 1 | 1,470 | $27,610 | |
| | 2 | 1,480 | $28,240 | |
| | 3 | 1,660 | $39,580 | |
| | 4 | 1,670 | $41,540 | |
| | 5 | 1,780 | $48,360 | |
| | 6 | 1,800 | $48,400 | |
| | 7 | 1,850 | $52,700 | |
| | 8 | 1,930 | $35,010 | |
| | 9 | 1,960 | $31,680 | |
| | 10 | 2,100 | $67,300 | |
| | 11 | 2,160 | $71,920 | |
| | 12 | 2,180 | $44,440 | |
| | 13 | 2,220 | $51,540 | |
| | 14 | 2,310 | $56,670 | |
| | 15 | 2,370 | $60,090 | |
| | 16 | 2,520 | $68,640 | |
| | 17 | 2,540 | $65,320 | |
| | 18 | 2,540 | $69,780 | |
| | 19 | 2,600 | $73,200 | |
| | 20 | 2,670 | $77,190 | |
| | 21 | 2,740 | $78,700 | |
| | 22 | 2,750 | $81,750 | |
| | 23 | 2,880 | $89,160 | |
| | 24 | 2,960 | $89,680 | |
| | Check Total | 53,140 | 1,398,500 | |
| | | | | |
Question 1: Forecasted number of shoes expected to be sold in month 25 using growth rates. ANSWER: 3,052.5232
Question 13: Based on the forecast of shoe sales developed in Q1, what is the total variable costs for this level of revenue? (Whole dollars)
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