Sales to Marshall's Shoe Mart Athletic Shoes - 500 Pairs sold for $25,000; cost to make was
Fantastic news! We've Found the answer you've been seeking!
Question:
Athletic Shoes - 500 Pairs sold for $25,000; cost to make was $20,000
Of the 500 pairs
Men's 350 for $21,000, cost $16,500
Women's 150 for $4,000, cost $3,500
Casual Shoes - 1000 Pairs sold for $40,000; cost to make was $31,000
Of the 1,000 pairs
Men's 350 for $21,000, cost $16,500
Women's 650 for $19,000, cost $14,500
Dress Shoes - 300 Pairs sold for $30,000; cost to make was $15,000
Of the 300 Pairs
Men's 150 for $18,000, cost $12,000
Women's 150 for $12,000, cost $3,000
Sales to Shoe Superstore
Athletic Shoes - 1,500 Pairs sold for $67,500; cost to make was $60,000
Of the 500 pairs
Men's 1,000 for $45,000, cost $42,000
Women's 500 for $22,500, cost $18,000
Casual Shoes - 10,000 Pairs sold for $300,000; cost to make was $200,000
Of the 10,000 pairs
Men's 2,000 for $75,000, cost $70,000
Women's 8,000 for $225,000, cost $130,000
Dress Shoes - 3,000 Pairs sold for $240,000; cost to make was $144,000
Of the 3,000 Pairs
Men's 1,200 for $120,000, cost $60,000
Women's 1,800 for $120,000, cost $84,000
Answer the following questions:
1. What are the total sales to each store?
2. Which shoes, men's or women's, are most profitable on a % basis?
3. Which store is more profitable on a % basis?
4. What single store, sex, type was least profitable on a % basis?
5. What single store, sex, type was most profitable on a % basis?
6. What single store, sex, type was most profitable on a $$ basis?
7. If you want to increase profit and you can increase sales in two areas, what would they be? How andwhy?
Related Book For
Posted Date: