Question: Using the table I have almost completed, I need some help answering the following questions they said to estimate costs of each. just has to

 Using the table I have almost completed, I need some helpanswering the following questions they said to estimate costs of each. just

Using the table I have almost completed, I need some help answering the following questions

they said to estimate costs of each. just has to be reasonable
data missing is on the chart is data we have to make ouselves

Question 2(a) - Small Business and Product My company is called Keep your pets happy and the product is a dog chew toy called 'Chewy the bone' delivered from door to door. Name of Cost Fixed/Variable $value per item Explanation as to why fixed or variable Materials Variable Cost of materials will change based on demand and sales. Electricity for production Variable If we are producing more products, we will require more electricity Fuel for Delivery car Variable If we need to make more deliveries, we will require more fuel for the car. Advertisements Variable The more you want to advertise your business, the more it will cost you Machine Cost They are fixed as they are a depreciating expense. Fixed b. Estimate a reasonable selling price per unit for your product with an explanation as to how you determined your selling price. c. Using your figures calculate your Breakeven point in both units and dollars ($) showing all calculations. d. State whether you require a profit of either $5,000, $15,000 or $30,000 and then calculate your new breakeven point, in both units and dollars ($) showing all calculations. e. Define and calculate the 'Margin of Safety, in both units and dollars, assuming you sell 35,000 units. Ensure you include all calculations. Question 2(a) - Small Business and Product My company is called Keep your pets happy and the product is a dog chew toy called 'Chewy the bone' delivered from door to door. Name of Cost Fixed/Variable $value per item Explanation as to why fixed or variable Materials Variable Cost of materials will change based on demand and sales. Electricity for production Variable If we are producing more products, we will require more electricity Fuel for Delivery car Variable If we need to make more deliveries, we will require more fuel for the car. Advertisements Variable The more you want to advertise your business, the more it will cost you Machine Cost They are fixed as they are a depreciating expense. Fixed b. Estimate a reasonable selling price per unit for your product with an explanation as to how you determined your selling price. c. Using your figures calculate your Breakeven point in both units and dollars ($) showing all calculations. d. State whether you require a profit of either $5,000, $15,000 or $30,000 and then calculate your new breakeven point, in both units and dollars ($) showing all calculations. e. Define and calculate the 'Margin of Safety, in both units and dollars, assuming you sell 35,000 units. Ensure you include all calculations

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