The company plans to develop a new product an ottoman with multiple storage compartments The sales and marketing team has projected a demand of greater than 500 per month at a selling price of $120 The company estimates the variable cost of the ottoman at $46 with the total monthly fixed cost at $21,460 Synthesize the results of your calculations to determine the feasibility of the company to make a profit based on the sales marketing projections and recommend solutions to the management team that would help to ensure profitability for the ottoman project Summarize how understanding and utilizing break even analysis can impact managerial decision making

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Question: The company plans to develop a new product: an ottoman with multiple storage compartments. The sales and marketing team has projected a demand of greater

The company plans to develop a new product: an ottoman with multiple storage compartments. The sales and marketing team has projected a demand of greater than 500 per month at a selling price of $120. The company estimates the variable cost of the ottoman at $46 with the total monthly fixed cost at $21,460.

Synthesize the results of your calculations to determine the feasibility of the company to make a profit based on the sales & marketing projections and recommend solutions to the management team that would help to ensure profitability for the ottoman project.
Summarize how understanding and utilizing break-even analysis can impact managerial decision making.

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