Please read the case below and answer the following questions. Augusta Training Shop: Snowflakes Attach a spreadsheet

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Please read the case below and answer the following questions.

Augusta Training Shop: Snowflakes

Attach a spreadsheet to your post to support your answers. Your analysis for each question show

1). Calculate the average cost of each type of snowflake, including variable and fixed costs

2). In 2014, sales of 1,355 snowflakes generated revenue of $34,475. Given this information, essnowflakes. What assumptions did you make?

3). Should Audrey continue producing snowflakes?

4). What other strategies should Audrey consider?

5). *Bonus - not graded* - Calculate a profit maximizing price for the entire line of snowflakes.

Related Book For answer-question

Investments Analysis and Management

ISBN: 978-1118363294

12th edition

Authors: Charles P. Jones

See More Books

Posted Date: Oct 19, 2020 05:22 PM

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Please read the case below and answer the following questions. Augusta Training Shop: Snowflakes Attach a spreadsheet

Question:

Expert Answer:

1 Augusta 75 Adrian 93 Foundry 207 Total Production 38 54 21 PriceUnit 15 12 75 AVCUnit 419 289 973 AFCUnit 2516 2516 2516 Avg CostUnit 2935 2805 3490 Operating Cost Variable Cost Employee Wage Rate H... View the full answer

Investments Analysis and Management

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