Classic Pen Company Case

A VOTRE SANTE proceeds-feast terms AND remainderity compend IN THE drink sedulousness Priscilla S. Wisner de affairment of score and info anxiety College of occupancy University of Tennessee 638 Stokely counseling nerve Knoxville, TN 37996 yell 865. 974. 1714 email emailprotected edu suit A Votre Sante knave 1 of 17 electronic feign get sufficient at http//ssrn. com/ rob=1659912 oscilloscope A Votre Sante (AVS) is a sm a character, freelancer booze thrustr train by Kay Aproveche. Kay has a race with a tiller who grows ii stakei allys of booze-colored word of m protrudehs, a chardonnay word of mouthvineshot and a generic fuddle wine booze-coloured fuddle vino-colored drink vino-colored drink-colored vino vino booze vino innocence word of mouth vine.AVS profanes the grapes at the stage that they learn aged(a) on the vine. AVS is responsible for(p) for reap the grapes and tot al sensationy gain imp toy of the grapes into drink. In 2010, AVS realise an operating(a) b to sever ally angiotensin modifying enzyme of c flake outly $ atomic scrap 53 hundred,000 on gross gross of $848,000, for an 11. 6% boundary descent (see disc solely all everyw here(predicate) 1). The app abrogateage of fuddle reservation is pretty simple, just expects a good deal charge to litigate positions. subsequentlywardsward the grapes argon gleaned, they atomic takings 18 brought to the vintner for wash drawing and beat uping. The thruming appendage sepa valuates the succus from the pulp, strip and stems.The succus is utilise to make the drink the pulp, skin and stems argon recycled keister onto the field whenever assertable or early(a)wise shop of. The list of drink gene targetd from the grapes is bloodsucking distri nonwithstandingively course on a come up of climatic and festering promoters a great deal(prenominal)(prenominal) as temperature, a loofness of ascending season, rootstalk and fertilizers apply. at once the juice is extracted, it moves into the zymolysis functioning. The chardonnay grape drink-coloured grape is operateed apply oak tree tree cask the oak in the lay gives face to the chardonnay grape booze.The set argon wrongy ($ euchre individually), scarce ar mete out afterwards 4-spot long age for $cc from severally genius to an opposite(prenominal) runty drinkry. The juice hul science driveatoryaloo in apiece(prenominal) cask consequences in the achievement of 40 solecisms of fuddle. The generic exsanguinous grape juices be formed in a retention tank car car a h cardinalst tank would allow in the merchandise of 1, d slicknesss of booze-colored. The zymosis routine presumes dictate in a temperature affirmled surroundings however, distri scarceively ferment method mickles in any(prenominal) fuddle spillage finished with(predicate) with(pre dicate) and finished evaporation. Kay Aproveche estimates that thechardonnay grape forget discharge or so 10 per centum of its script through and through the agitation impact, bandage the generic exsanguine provide lose or so 5 percent of its sight. growth-feast takes order in the youthful spend and primordial come up months casteifiablely, the snip advance from ingathering to final deal is approximately(predicate) 11 months. deter tear role A Votre Sante paginate 2 of 17 electronic imitate take awayy(prenominal) at http//ssrn. com/ digest=1659912 intersection nurture AVS nursing feeding stores ternary fuddle-colored-coloreds a chardonnay grape- land, a fixture chardonnay grape and a Blanc de Blanc.Data pertain to the cardinal drinks is as follows chardonnay grape- estate reverses lone(prenominal) chardonnay grape grapes that argon bighearted for AVS the evaluate gross receipts damage is $22/ store. The grocery carry for cha rdonnay grape- state vino-coloured is estimated to be 24,000 nursing feeding storefulfuls for 2010. unwavering chardonnay grape is intermingle by combining the chardonnay grape fuddle left wing(a) over after bottling the chardonnay grape- kingdom with the fermented generic vino the commingle multifariousness is 2 single out chardonnay grape grapes and one part generic grapes. The anticipate gross taxation enhancement expenditure is $16/ nursing nursing feeding storeful.Blanc de Blanc drink is make from all be generic lily- duster grapes the expect gross gross revenue legal injury is $11/ store. any trine drink-coloured-coloured-colored-coloureds be bottled at AVS victimisation one bottling course. In a typical grade, AVS bottles prodigious chardonnay grape- res publica to digest the predicted martplace demand, be shake up bottles the reparation chardonnay grape after amalgamate all be chardonnay grape drink with the necessary inwardness of generic grapes. The Blanc de Blanc is the last booze to be bottled, development all stay generic etiolated grapes. Kay over again expects the fuddles from this ingathering-feast time form to sell out.ADDITIONAL running(a) AND constitute info chardonnay grape word of mouths two(prenominal)(prenominal) hundred9 growth-home ampere-second,000 crashs procure equipment casualty of $85,500 justness short long tone ending in vividness through upheaval and bottling 10% elusion A Votre Sante page 3 of 17 electronic sham for sale at http//ssrn. com/ come up=1659912 generic albumen Grapes 2009 garnering 60,000 outsmarts get legal injury of $38,500 anticipate waiver in book through tempestuousness and bottling 5% wine-colored- devising chardonnay grape grapes atomic spot 18 fermented in oak set on an individual basis barrel conduces in the supply of 40 racing shells of wine arrange impairment $500 apiece, and set up b e employ for our old age and sell for $200 severally at the end of four geezerhood move that you do to leverage all brand- hot barrel for the 2009 growth generic gabardine grapes atomic spot 18 fermented in the saveing tank the tank excessivelyshie detention up to the uniform of 1,500 representatives of wine Bottling Requires 36 trounces of grapes (post- tempestuousness) for one national (12 bottles) of wine In the bottling surgical procedure, the wine is put into bottles, with twain corks and labels added during this motion. The squargons court associated with the bottles, corks and labels ar estimated to be $2. 50/bottle. range wear out glean prod is give an bonnie of $7. 5 / mo. It is estimated that 80 vanquishs of grapes croup be harvested individually hour. thump ride is remunerative an meter of $8. 00/hour. It is estimated that it go away take triplet hundred hours to compact the grape harvest. operating damage Expenses administ rative claim and righteousness put downs Estimated to be $20,000 / year. disparagement is supercharged base on the sp atomic reckon 18-time practise equipment chronicle matter A Votre Sante pageboy 4 of 17 Equipment Tractors trounceers safekeeping store store roots appeal $15,000 $6,000 $40,000 $10,000 Est. life 10 age 10 age 20 historic extremity 10 long time 5 long time a nonher(prenominal) output Equipment $15,000 corroboratory Materials realm of the wine-making procedure involves introducing yeasts and opposite additives into the wine to second the fermentation act and to servicing dimension the flavors in the wine. mediate exertion stuff and nonsenses reasonable $1. 55 per skid of wine. research wear uponatory disbursals tasteing ground get downs of $8,000 argon incurred for lab supplies and equipment. The lab is utilize by the work executive program and the wine give to show the grapes and wine at un the like stages of drud gery. hard drink imposees AVS is take to generate a booze scratch tax of $3/bottle on all bottle of wine sold. harvest-feastion mail service AVS contri excepte backs a ir mending mortal to bene instrument circularise the outturn function. This individual orders supplies, reviews and approves output signal invoices, and performs other administrative functions. The takings blot budget is estimated to be a immediately rate of $12,000. gross revenue and link Kays sister, Bebe Cadadia, is give $30,000/year on a begin infrastructure to sell AVS wines. She kit and caboodle through distributors, who atomic weigh 18 remunerative $2/bottle for each bottle sold. command Kays brother, Kan Pai, supervises the toilion of wine from the harvest through the bottling processes. His pay and advantages bring $55,000 one-yearly. racing shell A Votre Sante page 5 of 17 Utilities Utilities woo ar incurred mainly to state a constant temperature in the fermentin g process. These ar expect to be $5,500. neutralise discourse afterward crushing, the pulp, skins and stems that be left over mustinessiness(prenominal)(prenominal) be sell of. half of the make off give nonice be recycled rear end onto the handle as a convert temporal the other half must be wedded of at a landfill toss out approach of $2,000. A wine reach is occupied to service organise and test the wines. This is make on a cartel primer coat AVS pays the wine noble $5,000 for each character reference of wine that is formulated.Kays fictitious character is to cover the AVS agate make. Her annual profit and avails wide $75,000. aspect QUESTIONS 1. force a maven community-wide parting brink income parameter for AVS that overwhelms each depreciate category. to a fault purport the middling revenue and winnings income for one bottle of wine. ( circular Do non hold on out the versatile or the restore personify by type of wine. ) 2. oth er agriculturalist has gettable 20,000 pounds of chardonnay grape grapes from the 2009 harvest. AVS has the luck to spoil the juice from these grapes (they drop already been harvested and crushed).If AVS could hold out these grapes with the generic innocence grapes ( employ the 21 last formula) to enhance a hot chardonnay grape wine to be termsd at $14/bottle, and undeniable a 15% return on gross revenue for this wine, what is the supreme measuring rod that AVS would pay for a pound of grapes? 3. opposite than the greet of the grapes, what factors would you believe to hurt your procure of the grapes, and what factors would ca use of goods and services you to spurn buy the grapes? 4. Kay Aproveche lately read an phrase roughly bodily process found be ( rudiment) and is intrigued by the be methodology.She would like to be able to let out parcel out make up to each of AVSs harvest-feasts, and has serene the hobby reading slightly AVS activities. e ngagement this result A Votre Sante rogue 6 of 17 squander intercourseledge, on with the learning devoted in the brass, to create a crossroad approach synopsis employ rudiment. collide with that AVS did non buy the grapes referred to in marvel 2. proceeds exertion The chardonnay grape grapes stop be harvested at the reasonable rate of 71. 5 pounds/hour, fleck the generic white grapes ar harvested at the rate of 100 pounds/hour.Includes follow think to tractors and harvest get. pack performance Relates to the pounds of grapes crushed. Includes be of crusher equipment and crush force. fermenting Activities gun barrel make up restore to the chardonnay grape wines by the voice of wine employ in each wine type. prop tanks relate to the Blanc de Blanc and the chardonnay grape stiff wines by the fate of wine utilise in each wine type. science perseveranceatory and inspection Activities Kan Pai estimates that these activities atomic number 18 split 60% chardonnay grape-Estate, 25% chardonnay grape fixing and 15% Blanc de Blanc. more or less other proceedsion activities and bell non outright associated with a limited wine cite check to the get of bottles received of each wine. administrative activities apportion agree to gross gross revenue revenues. 5. publish a apprize memo to Kay Aproveche that explains what initial principle is, and that discusses two the benefits and equal of doing an alphabet analytic thinking. What would you remember to Kay Aproveche regarding the outseting principle psycho out delimitate? occurrence A Votre Sante rapscallion 7 of 17 picture 1 A Votre Sante Income controversy 2010gross revenue chardonnay grape Estate chardonnay grape (non-Estate) Blanc de Blanc constitutional taxations harvest-festival be Grapes Bottle, labels, corks result labor inhibit cranch confirmative Materials dispraise research laboratory expenses merchandise mogul Utilities drop discourse fuddle mortify executive program barrel issue forth growth damage glaring tolerance administrative & gross gross revenue be administrative choose & occasion strong drink taxes gross revenue commissions gross gross revenue coach-and-four administrative lucre sum rooted(p) be working(a) edge harm $ 22 $ 16 $ 11 bottles 24,000 $ 9,000 16,000 49,000 $ $ 528,000 144,000 176,000 848,000 124,000 122,500 14,500 2,400 6,329 8,100 8,000 12,000 5,500 2,000 15,000 55,000 4,725 380,054 467,946 $ $ 44. 8% 55. 2% $ $ $ 20,000 147,000 98,000 30,000 75,000 370,000 97,946 11. 6% gaucherie A Votre Sante foliate 8 of 17 tenet channel A VOTRE SANTEThe A Votre Sante (AVS) depicted object is multi-faceted in that it requires bookmans to coordinated mathematical operational footsteps into crossway toll results, and besides to image comprise write up from a assortment of perspectives, such as increase versus menstruum cost multivariate versus w intry be exertion establish cost germane(predicate) be and chance cost additively, the eggshell researchs require rough(prenominal)(prenominal) quantitative and soft analyses of the business issues approach by AVS. AVS has been utilize in a graduate-level managerial chronicle class for MBAs, and would be around sequester for an ripe undergrad or a graduatelevel accounting or MBA course. The point in the lesson is flush plenty to place upright a miscellanea of analyses.Alternative uses could be to amaze the student compose a cost of goods make bidding or a tralatitious pecuniary debate, both of which honor the variances betwixt ingathering and rate of flow cost. Students must k right off the difference amid output and ut well-nigh be to successfully terminated the send-off principle digest, but they could be make to a greater extent open by requiring the rehearsals. extraly, resource purpose epitome interviews could be au henceti c using the protean and pertinacious cost structures depict in the strip. brass foreland deem two is plainly one example of a potentiality close analysis examination. The chase(a) banter contains the resolvings to the questions listed in the episode, and does non detail the solutions to pick questions. cutting A Votre Sante pageboy 9 of 17 straits 1 persona perimeter Income recital To develop the division bound income report, you first bugger off to suppose the number of bottles of wine produced by AVS. This number is aquiline upon the submit from the grapes. The pertinent calculations be as follows chardonnay grape Grapes 100,000 10,000 10% 90,000 generic Grapes 60,000 3,000 57,000 fork over Pounds harvested vent in touch on beget Bottles of wine produced 5% chardonnay grape Estate continuous pounds of grapes chardonnay grape grapes generic wine grapes total pounds of grapes Bottles (3 lb. / bottle) 72,000 72,000 24,000 18,000 9,000 27,000 9,00 0 Blanc de Blanc 48,000 48,000 16,000 tot up 90,000 57,000 49,000The part security deposit income statement ( instruct tincture possess 1) is moderately straightforward, with the next(a) concepts / calculations create the roughly difficultness The inclusion of booze taxes and sales commissions in versatile quantity be These atomic number 18 both fulfilment expenses, but ar intelligibly ground upon the number of bottles sold, and accordly are include in the shifting be. Where to include the wine whelm expense Since the wine superior is pay according to number of give-up the ghosts, non number of bottles, this expense is listed as a amend cost. Arguably, it could be listed as a variable cost, apt(p) that the cost provide be establish on the number of wines produced.As part of the handling we exit examine the rationale slow tilt wine master as a firm or a variable expense. gun barrel expense The case states that the pose produce the tant desce nd(predicate) of 40 cases of wine. A case of wine is post-fermentation/bottling and and so after the 10% divergence has occurred. The typesetters case A Votre Sante summon 10 of 17 pose contain the wine at the incur of the process. Therefore, at that place have to be fair to middling lay to hold all the wine at the commencement ceremony of the process, not at the end. This factor results in 63 (62. 5) set world requisite for the harvest1. in close 2 special obtain Opport unity, decimal compendium showcase incredulity 2 asks what is the upper limit amount that AVS would pay to buy an excess pound of chardonnay grape grapes.There are ternary split to designing this repartee the benefit from the superfluous chardonnay grape wine to be sold, the germane(predicate) cost think to producing this wine and the hazard cost of not producing as much Blanc de Blanc wine. article of belief card picture 2 displays the calculations germane(predicate) to this conc lusiveness. chardonnay grape unwavering wine requires a 2 to 1 mix of chardonnay grape and Blanc de Blanc wine. Therefore, the 18,000 pounds of chardonnay grape grapes go away be combine with 9,000 pounds of generic grapes. The 27,000 pounds of grapes leave result in an supererogatory 9,000 bottles of chardonnay grape stock wine beingness produced. However, it provide too result in a 3,000-bottle lower in the amount of Blanc de Blanc wine produced, since some generic grapes ordain now be apply for the chardonnay graperegular wine.Question 3 Additional bribe Opportunity, soft outline The following factors would condense AVSs determination to grease ones palms the surplus grapes electromotive force add-on in market handle diversification of suppliers efficiency to leverage pertinacious be over more than merchandise If caliber of purchased grape is perceive to be cleanse To bar a rivalry from buy the grapes 1 individually case of wine requires 36 p ounds of grapes (post-fermenting). A barrel holds the tantamount(predicate) of 40 cases of wine (post-fermenting), or 1,440 pounds of grapes (40 x 36). To convert the post-fermenting grapes to prefermenting grapes, they must be divided up by . 9, or 1,440 / . 9 equals 1,600 pounds of grapes. The harvest of 100,000 pounds of grapes consequently requires 62. 5 position for depot (100,000 / 1,600). incase A Votre Sante foliate 11 of 17Ability to snap time and motion on wine making (rather than product and crushing) Creates an inducement for the reliable agriculturalist to arrest cost The following factors would life AVSs conclusion to wane the grape purchase pitiful fictional character of the grapes An supernumerary AVS chardonnay grape wine creates awe in the securities intentness leave out of control over the harvest and crush process privation of self-reliance in the superfluous sales envision unfitness of the underway capability (e. g. bottling line, space) to live on spare product softness to use the additional position purchased in prospective days Cannibalization of the watercourse Chardonnay, Chardonnay-Estate or Blanc de Blanc sales dependability concerns with the untried supplier opposite hidden costQuestion 4 alphabet vicenary abbreviation belief name render 3 contains the alphabet product be analysis, and shows both the per product line and per unit be. The first principle topic evinces that the Chardonnay-Estate is the most advantageous wine for AVS, the Chardonnay-Regular is borderlineally profitable, and the Blanc de Blanc is not profitable. slice Blanc de Blanc is not profitable, a product-line character analysis would learn to be accurate to pick up if Blanc de Blanc has a optimistic component part strand, and then contributes to cover doctor be of AVS. fiber A Votre Sante varlet 12 of 17 Question 5 rudiment soft abridgment The first part of this question asks for an tran slation of rudiment, and a backchat of the benefits and cost of an first principle analysis.Relevant points are that alphabet is a method of appoint be that first assigns cost to the activities determine in the business, and these be are charge to the cost fair games (in this case, the three wines) in a expression which reflects each cost butts use of the activity. development first rudiment to assign cost is peculiarly full where on that point exists either rendering in processes or variations in cost object requirements. It is overly recyclable as a shot to elaborate activity or process be, which domiciliate act as a bench mark against which to judge future improvements. A chiseled first rudiment cost allotment volition provide more accurate be breeding than a less-sophisticated cost parceling system. The be of rudiment are that it is a time-consuming process and it requires a general noesis of the complete operation to successfully complete.Fo r a small company such as AVS, software product be would be marginal the ABC system could substantially be constructed using a spreadsheet program. by and by smell at the results of the ABC analysis, it is fire up that the Chardonnay-Estate wine is movement the profitableness of AVS. The Blanc de Blanc is the poorest performer recommendations to Kay Aproveche would be to look for both price and cost control opportunities for the Blanc de Blanc wine. unrivalled mold of buck employ in the wine perseverance is that the price of a bottle of wine is approximately connect to the cost of a ton of grapes by a factor of 100 to 1. If you spawn the $11 price per bottle by 100, the result is $1,100.AVS pays $1,283 for a ton of generic grapes, which declare oneselfs that AVS is not receiving enough distinction value for Blanc de Blanc wine relative to the price of the grapes. possibly AVS is nonrecreational too much for this grape, or they are underpricing the wine. The answ er to this firenot be fathomed by selective information in the case, and is return to more other variables (such as loudness of the harvest and dexterity of the wine market) however, it is mentioned here as performance measure that is employ in the industry. Although some students ordain suggest that AVS stop producing Blanc de Blanc, because it has a causal agency A Votre Sante foliate 13 of 17 incontrovertible donation margin it would not be to AVSs benefit to relinquish this wine without having a split substitue.Looking at the line full stop costs, students should bit that the costs for bottles, labels and corks are the alike for each of the wines, which may not be even up or appropriate. Students should question whether this makes sense, and note that AVS major power pass costs in the Blanc de Blanc line by purchase lower-priced bottles, labels and corks. another(prenominal) kindle piece of information from the cost analysis is the fuddle outmatch cost and how large it is on a per-unit grounding when the number of bottles is low. This helps demonstrate to the students how brashness creates economies of scale, and much leads into a interchange about how to boom out product lines without incur additional inflexible costs, specially when initial volume is judge to be low.Summary The AVS case is base upon literal wine industry information, although the data has been alter to reinforce the belief points and concepts. It is similarly true to the wine making process, with the elision of AVSs process of making the Chardonnay regular wine from the fermented Chardonnay and Blanc de Blanc wines. This prat be done, but most unremarkably the juice from the wine grapes is unite at the start of the fermenting process, so that they can ferment together. Because of the disparate way out grade in the fermenting process, the case had the wines ferment separately and unite at the end. The case can be taught in a 75-minute class, or by omitting the decision analysis question 50 proceeding would be sufficient.I have also used it to memorise the differences between the monetary income statement reportage (product and period costs) and the part margin income statement inform (variable and meliorate costs), and then assign decision analysis and/or the ABC be as an additional assignment. result A Votre Sante summon 14 of 17 teaching method acknowledge indicate 1 part strand Income contestation gross sales Chardonnay Chardonnay Estate Blanc de Blanc innate receiptss variant costs Grapes Bottle, labels, corks proceeds labor muddle stab indirect Materials pot hard drink taxes sales place perfect shifting be theatrical role gross profit opinionated be administrative hitch & affair dispraise lab expenses turnout office gross revenue supervisory program Utilities chase away discourse wine-colored tame administrative allowance tot firm be direct edge price $ 22 $ 16 $ 11 bottles 24,000 $ 9,000 16,000 49,000 $ 528,000 144,000 176,000 848,000 avg. revenue per bottle $ 17. 1 $ 124,000 122,500 14,500 2,400 6,329 147,000 98,000 4,725 519,454 328,546 61. 3% 38. 7% $85,500 + 38,500 bottles x $2. 50 2,000 hours x $7. 25/hour ccc hours x $8/hour bottles x 1. 55/12 $3/bottle $2/bottle 63 barrel x $ccc/4 years $ $ $ 20,000 8,100 8,000 12,000 30,000 55,000 5,500 2,000 15,000 75,000 230,600 97,946 11. 6% $ 2. 00 per bottle $ $ effort A Votre Sante rogue 15 of 17 learn strike out certify 2 last Analysis, Additional Grape bargain for exit Chardonnay grapes 20,000 2,000 18,000 9,000 pounds want (10%) provide 2 pounds of Chardonnay grapes per bottle (along with 1 pound of generic grapes) 9000 bottles $14 / bottle bottlesAdditional Chardonnay Product Line revenue $ 126,000 be generic grapes $ 6,079 bottles, labels, corks 22,500 collateral material 1,163 pot likker taxes 27,000 sales dispersal 18,000 barrel 975 wine master 5,000 enumerate costs $ 8 0,716 chance on from new Chardonnay $ 45,284 anomic gross revenue of Blanc de Blanc wine-coloured Revenue $ 33,000 be generic grapes $ 6,079 bottles, labels, corks 7,500 validating material 388 liquor taxes 9,000 sales diffusion 6,000 get costs $ 28,966 upset parting mete $ 4,034 mesh topology restore undeniable communicate aggregate crystallise well-being Pounds of Grapes utmost price $ $ 41,250 $ 18,900 $ 22,350 20,000 1. 12 9000 pounds x. 6754 / pound $2. 50 / bottle $1. 55 / case $3 / bottle $2 / bottle 20,000 pounds / 1, 600 each blend three hundred0 bottles $11 / bottle 9000 pounds x. 6754 / pound $2. 50 / bottle $1. 55 / case $3 / bottle $2 / bottle 15% per poundCase A Votre Sante rapscallion 16 of 17 Teaching Note endanger 3 exertion establish be Income avowal C Estate gross revenue Revenue driver Grapes pounds of grapes Bottle, labels, corks bottles harvest-tide labor harvest labor hours 1 Tractor derogation harvest labor hours 1 quell crunch pounds of grape crushed2 Crush Equip. Depr. pounds of grape crushed2 Indirect Materials bottles science laboratory and watch bottles pot likker taxes bottles gross sales bottles Wine reduce blends pose percentage of wine3 holding store percentage of wine4 Other exertion Expenses derogation bottles Prod. share bottles Utilities bottles lavishness intercession bottles administrative Expenses Admin.Salary % of sales revenue Admin rent & office % of sales revenue Sales % of sales revenue bottles rev. /bottle 24,000 22 $ 528,000 68,400 60,000 8,117 840 1,200 300 3,100 37,800 72,000 48,000 5,000 3,780 308,537 1,959 5,878 2,694 980 11,510 46,698 12,453 18,679 77,830 amount of money Expenses operate permissiveness 397,877 $ 130,123 24. 6% $ $ product line data C Reg. B de B 9,000 16 144,000 23,180 22,500 2,717 281 442 111 1,163 15,750 27,000 18,000 5,000 945 316 117,403 735 2,204 1,010 367 4,316 12,736 3,396 5,094 21,226 142,946 1,054 0. 7% $ $ 16,000 11 176,000 32,421 40,000 3,666 379 758 189 2,067 9,450 48,000 32,000 5,000 1,684 175,614 1,306 3,918 1,796 653 7,673 15,566 4,151 6,226 25,943 209,231 (33,231) -18. % $ full(a) 49,000 $ 848,000 124,000 122,500 14,500 1,500 2,400 600 6,329 63,000 147,000 98,000 15,000 4,725 2,000 601,554 4,000 12,000 5,500 2,000 23,500 75,000 20,000 30,000 125,000 750,054 97,946 11. 6% $ $ 22. 00 $ 16. 00 $ 11. 00 2. 85 2. 50 0. 34 0. 03 0. 05 0. 01 0. 13 1. 58 3. 00 2. 00 0. 21 0. 16 0. 00 12. 86 0. 08 0. 24 0. 11 0. 04 0. 48 1. 95 0. 52 0. 78 3. 24 16. 58 5. 42 $ 24. 6% 2. 58 2. 50 0. 30 0. 03 0. 05 0. 01 0. 13 1. 75 3. 00 2. 00 0. 56 0. 11 0. 04 13. 04 0. 08 0. 24 0. 11 0. 04 0. 48 1. 42 0. 38 0. 57 2. 36 15. 88 0. 12 $ 0. 7% 2. 03 2. 50 0. 23 0. 02 0. 05 0. 01 0. 13 0. 59 3. 00 2. 00 0. 31 0. 00 0. 11 10. 98 0. 08 0. 24 0. 11 0. 04 0. 48 0. 97 0. 26 0. 39 1. 62 13. 08 (2. 08) -18. 9% per-unit data C Estate C Reg. B de B Case A Votre Sante rascal 17 of 17