Question: Please list solution step by step. VECCMS vitamin enhanced chocolate coated marshmallows) failed to gain distribution in most health food stores, but Paul was determined

Please list solution step by step.

Please list solution step by step. VECCMS vitamin enhanced chocolate coated marshmallows)

VECCMS vitamin enhanced chocolate coated marshmallows) failed to gain distribution in most health food stores, but Paul was determined to pursue his dream of marketing a good-tasting snack food that would include minimum daily requirements of most vitamins and minerals. He sold them in 160z resealable bags through independent grocery stores throughout the Mid-Atlantic. Paul's Selling prices to wholesalers of $1.11 a bag resulted in a contribution margin before advertising and promotion of 32%. Wholesalers sold to retailers and retailers to consumers, earning margins of 16% and 50% respectively. Sales are currently 1,300 bags per week. I can't get enough of these VECCMS!!! Yum! Paul is considering distributing 1 million free standing insert (FSI) coupons for $0.20 off the regular price and expects to pay $3 per thousand for artwork and distribution. Each coupon redeemed will cost an additional $0.04 in processing fees. What percentage lift would be required for RETAILERS to breakeven on the promotional allowance program where when retailers reduce prices by 10%, Paul will pay them $0.10 per bag sold at the reduced prices? 0.0% Lift ( Submit Answer Exit x = PS3 1 2 3 4 7 CALCULATED VARIABLES: coupcost = $0.39 tcost = $3,000 rprice $2.64

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