Using the Week 5 Part 2 Assignment Template and the data provided by your Instructor in the Doc Sharing area, calculate the number of sales per month (i e , the number of ottomans and total dollar amount) the company will need to make in order to break even Synthesize the results of your calculations to determine the feasibility of the company to make a profit based on the sales marketing projections and recommend solutions to the management team that would help to ensure profitability for the ottoman project Summarize how understanding and utilizing break even analysis can impact managerial decision making Break Even Analysis Selling Price Variable Costs Fixed Costs Break even Quantity Total Sales at Break Even Week 5 Assignment Data The company plans to develop a new product an ottoman with multiple storage compartments The sales and marketing team has projected a demand of greater than 500 per month at a selling price of $95 The company estimates the variable cost of the ottoman at $45 with the total monthly fixed cost at $19,600

The Answer is in the image, click to view ...

Question: Using the Week 5 Part 2 Assignment Template and the data provided by your Instructor in the Doc Sharing area, calculate the number of sales

Using the Week 5 Part 2 Assignment Template and the data provided by your Instructor in the Doc Sharing area, calculate the number of sales per month (i.e., the number of ottomans and total dollar amount) the company will need to make in order to break even
Synthesize the results of your calculations to determine the feasibility of the company to make a profit based on the sales & marketing projections and recommend solutions to the management team that would help to ensure profitability for the ottoman project.
Summarize how understanding and utilizing break-even analysis can impact managerial decision making

Break Even Analysis Selling Price Variable Costs Fixed Costs Break-even Quantity Total Sales at Break Even Week 5 Assignment Data The company plans to develop a new product: an ottoman with multiple storage compartments. The sales and marketing team has projected a demand of greater than 500 per month at a selling price of $95. The company estimates the variable cost of the ottoman at $45 with the total monthly fixed cost at $19,600

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!

For this Assignment, you will take on the role of a consultant and provide two reports on using accounting information for decision making to a fictitious organization so it can better prepare for...

Using the Week 4 Part 2 Assignment Template and the data provided by your Instructor in the Doc Sharing area, calculate the price variances (price variance and wage rate variance) and quantity...

Every student will be assigned to a small group for the project in week three of the course. Each group will select three questions to analyze from an instructor provided list of project...

please help me :) A new client of yours, Olivia Johnson, wants to open an ice cream shop near the downtown. shopping center. She will sell ice cream cones, cups, shakes, sundaes, and soda. Her grand...

Situation Parent Inc. is contemplating a tender offer to acquire 80% of Subsidiary Corporation's common stock. Subsidiary's shares are currently quoted on the New York Stock Exchange at $85 per...

Situation Back to Top Parent Inc. is contemplating a tender offer to acquire 80% of Subsidiary Corporation's common stock. Subsidiary's shares are currently quoted on the New York Stock Exchange at...

THis is the project I have ACC 302 Final Project Project Orientation and Overview Every year at the state fair your parents have run a pretzel booth. Over the years you have experimented with new...

Description The assignment requires that you analyse a data set, interpret, and draw conclusions from your analysis, and then convey your conclusions in a written report. The assignment must be...

Based on the information given in the case study, Share brief answers to below Supplier Financial Analysis Worksheet Purchasers assess supplier financial health for several reasons. The most...

Step 3. Data Analysis Answer the following questions. Use the Week 5 Excel spreadsheets to help analyze the data. Empirical Rule 1. Determine the 68%, 95%, and 99.7% values of the Empirical Rule in...

Visit the ISACA website at www.isaca.org and click on the Knowledge Center tab, then select ITAF (Information Technology Assurance Framework) and click on the IT Audit Basics tab to find articles...

Find the eigenvalues, to 2 decimal places, of the matrices in Exercise 10.6.21 by applying the QR algorithm to the upper Hessenberg form. In Exercise 10.6.21 Use Householder matrices to convert the...

On January 2 of the cument year, Coo Co . purchased 4 0 % of Penn Co's outstanding common sbok. The carying anourt of Investment in Pern due io the excess of tar value over boek value on these...

Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for Christmas and everyone else Christmas cards. Hugo is willing to pay up...