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Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand is $50.00. Her best guess is that she can sell 300 cups per week at $0.50 per cup. The variable cost of producing a

Application Assignment Instructions 

 Overview

Each application assignment is a comprehensive experiential learning experience and is directly related to business analysis and decision-making. The student will complete four application assignments (4).

Instructions

Each assignment must be a minimum of 3-5 pages of original discussion and analysis, not counting the title page, reference page, figures, tables, and appendixes. Each application assignment must be supported by at least 3 scholarly references, in APA format.

 Note: Your assignment will be checked for originality via the Turnitin plagiarism tool. The tool is a starting point for instructors to check overall Academic Integrity and higher scores generally indicate a higher probability of Academic Misconduct. The higher the score the higher the probability that there are too high a percentage of quotations included in the narrative, and/or there are passages that have not been properly cited.

·        Mandatory reading:Read: Albright & Winston: Chapter 1

·         Read: Reece & Reece: Chapter 1

 Application: Introduction to Business Analytics Assignment

Select and complete 1 Question on page 36 of your Albright & Winston textbook)

 Question 13 or Question 14 – (p. 36)

 Question 13:  Julie James is opening a lemonade stand. She believes

the fixed cost per week of running the stand is $50.00.

Her best guess is that she can sell 300 cups per week at

$0.50 per cup. The variable cost of producing a cup of

lemonade is $0.20.

a. Given her other assumptions, what level of sales volume

will enable Julie to break even?

b. Given her other assumptions, discuss how a change in

sales volume affects profit.

c. Given her other assumptions, discuss how a change in

sales volume and variable cost jointly affect profit.

d. Use Excel’s Formula Auditing tools to show which

cells in your spreadsheet affect profit directly

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