Shoe shop sell their summer sandals to make shelf space for winter boots. Shoe shop going to
Fantastic news! We've Found the answer you've been seeking!
Question:
Shoe shop sell their summer sandals to make shelf space for winter boots. Shoe shop going to discount all sandals by 12%. They typically sell 300 pair units a week at the normal price $400 per pair . The week of the sale, shoe shop will sell an additional 5 00 pairs. Payless will spend an additional 3500 on advertisting for promotion.
Marketing spend /unit= $60
COGS = $180
Shipping = $10
What is the Contribution Margin $ of the promotion ?
Related Book For
Managerial Accounting
ISBN: 978-1259024900
9th canadian edition
Authors: Ray Garrison, Theresa Libby, Alan Webb
Posted Date: