Question: AutoSave . OFF A BEC ... ACC 202 Project Workbook (75) (1) Q Home Insert Draw Page Layout Formulas Data Review View Tell me Share

 AutoSave . OFF A BEC ... ACC 202 Project Workbook (75)(1) Q Home Insert Draw Page Layout Formulas Data Review View Tell

AutoSave . OFF A BEC ... ACC 202 Project Workbook (75) (1) Q Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments Calibri 10 9 Wrap Text v Accounting T V IN Paste BIUv A Merge & Center v $ ~ % Conditional Format Cell Insert Delete Format Sort & Find & Analyze Formatting as Table Styles Filter Select Data B9 X fx D G H M N 0 Q U W AA Milestone Two - Contribution Margin Analysis COLLARS LEASHES HARNESSES Sales Price per Unit 24.00 26.00 S 30.00 Variable Cost per Unit Contribution Margin Cost Classification Variable and Fixed Costs Contribution Margin Analysis Break-Even Analysis COGS Income Statement Variances + Ready 100%Eh Acc 202 Milestone 'lwo Market Research Data Appendix ['1] 7 Compatih ty Mode -' Share Comments gamma same: more. (13 Anaucmn're Nunml No Spacing III 2 Smell\": Suede Em Milestone Two: Market Research Data You have conducted some market research for style and Elle o{ products you wantto use to launch your business. The market research has indicated the following sales price ranges will be optimal for your area depending on style ofproducts you choose to sell: a Collars 0 With pricing at $20 per collar, you can expect to sell 30 collars per day. 0 With pricing at $24 per collar, you can expect to sell 25 collars per day. 0 With pricing at $28 per collar, you can expect to sell 20 collars per day a Leashes 0 With pricing at $22 per leash, you can expect to sell 28 leashes per day. 0 With pricing at $26 per leash, you can expect to sell 23 leashes per day. 0 With pricing at $30 per leash, you can expect to sell 13 leashes per day. a Harnesses 0 With pricing at $25 per harness, you can expect to sell 25 harnesses per day. 0 With pricing at $30 per harness, you can expect to sell 22 harnesses per day. 0 With pricing at $35 per harness, you can expect to sell 20 harnesses per day. Additionally, you will need to compare your break-even points for the following target prots for ea ch area of your business to determine your prices: I Collars o Break-even o 5300 target prot each month o 5500 target prot each month I teashes o Break-even o 5400 target prot each month 0 5600 target prot each month I Harnesses o Break-even a 5500 target prot each month 0 5650 target prot each month

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!