Question: Please put into excel in the most basic way possible Bill makes pottery vases that he sells in the gift shop of the Smithsonian National

Please put into excel in the most basic way possible
Please put into excel in the most basic way possible Bill makes

Bill makes pottery vases that he sells in the gift shop of the Smithsonian National Museum of the Native American. Bill's costs are simple. Clay costs $1.35 and glazing $0.60 per pitcher. Bill rents kiln time at a fixed price of $125 per month. In addition to the commission he also pays the museum a display space fee of $100 per month. The museum shop takes an 8% commission. (That means that 8% of his revenues are owed to the museum shop.) On an Excel worksheet, create an income statement model that will compute Bill's profit for a month. Please use that model to calculate a) his profit if he charges $60 per pitcher and he sells 59 pitchers per month b) his profit if he charges $65 per pitcher and he sells 55 pitchers per month c) which is better

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 General Management Questions!