Question: Profit Orientation Cost Base Pricing Variable Cost = $30 per tote Fixed Cost = $4,500 (annually) Whole Market Estimate is 76,000 (see Rochester census data

Profit Orientation Cost Base Pricing

Variable Cost = $30 per tote

Fixed Cost = $4,500 (annually)

Whole Market Estimate is 76,000 (see Rochester census data for number of females between the ages of 18 and 65) of which I would like to get 10%

What would the selling price of the tote be if I wanted to get a 50% target profit.

What would the Break Even volume be, i.e., how many would I have to make and sell before I began to make money.

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!

Q:

I cannot figure this exercise out, It involves pricing methods and calculations MAR 200 - Pricing Exercise Part 1 Company Objectives and Pricing Methods Customers judge value by the benefits of what...

Q:

Profit Orientation - Cost Base Pricing Variable Cost = $30 per tote Fixed Cost = $4,500 (annually) Whole Market Estimate is 76,000 (see Rochester census data for number of females between the ages of...

Q:

Customers judge value by the benefits of what they buy relative to the cost of that item.Pricing decisions are then very critical to delivering value to the customer. Profit Orientation - Cost Base...

Q:

This Pricing Exercise is a combination of a variety of concepts found in the text. Pricing includes many considerations - the 5 Cs of Pricing - Company, Customer, Competition, Channel, Costs. In...

Q:

Variable Cost = $30 per tote Fixed Cost = $4,500 (annually) Whole Market Estimate is 76,000 (see Rochester census data for number of females between the ages of 18 and 65) of which I would like to...

Q:

Hello, Need help with the following:Please see Rubric thks Using information from"Are You Paying Too Much for That Acquisition?" List and describe the components used to calculate synergy value....

Q:

Attached is the assignment requirement and 2 previous assignments as example 1- the assignment should be zero plagiarism and similarity (no copy ans paste is accepted) 2- should be completed in the...

Q:

Can you please help me with questions 8 and 9 for Case 6..... I have answers to questions 1-7 if needed... Cases for Management Decision-Making CA-1 Suggested Uses of Cases Case Overview CASE 1 This...

Q:

Good Morning... I need help with questions 1-7 for Case 6 in the document attached...Please. Cases for Management Decision-Making CA-1 Suggested Uses of Cases Case Overview CASE 1 This case is the...

Q:

I am working on my group project for the class teaching by prof. Karen Kukla. My group chose the business EduXperience . There are 3 part of the project: and I need help for question 2. Description...

Q:

The Sun Valley Foundry regularly uses 10,000 axles per year. It can purchase axles for $100 each. Ordering costs are $10 per order, and the holding costs of items in inventory are 20 percent of cost...

Q:

You have been asked to help locate a catering service in the central business district of a city. The locations of potential customers on an xy coordinate grid are P 1 = ( 4, 4), P 2 = ( 12, 4), P 3...

Q:

Early in the chapter when discussing the point that effective advertising must take the consumers view, the following quotation was presented: Consumers dont want to be bombarded with adsthey want to...

Q:

Question 6 : Analyze the following list of business attributes for Beacon and select those that qualify as opportunities.Business Attributes 1 . Competition from large online retail companies 2 ....

Q:

This chapter is about how the human brain takes in, stores, and retrieves information and how culture affects that process. Another step toward developing intercultural competence is to understand...

Q:

Recall from Chapter 1 that intercultural communication is a group phenomenon experienced by individuals. Whenever we interact with people from different cultures, especially early in our...

Q:

Keep in mind that developing intercultural communication competence does not mean you surrender your cultures values, beliefs, and behaviors. Recall from this chapter that everyone is, to some...