ALAsume the following Number of college students in the market Average number of copies per student per year Your Compan's estimated share of the total market 25,000 125 13% SOLVE FOR THE FOLLOWING: Total annual market demand Estimated annual company demand Estimated monthly demand Estimated weekly demand D.Given the following for your copy business: Annual Expenses: S 30,000 Paper: Rent: Insurance: Advertising: Other Supplies: S4062.50 S 12,000 S.2.500 S.1900 $ 5,000 Salaries: Hourly labor: Maintenance contract Utilities: $ 2.000 Total Fixed Cost: Fixed Cost'unit: Total Variable Cost: wXariable Cost/unit: C. Calculate the selling price per copy if you must have a markup of 25% on the selling price. D. What is the selling price per copy if you desire a 150% markup on cost? E. What is the markup on selling price with a $ 50 selling price per copy? F. What is the markup on cost with a $ .50 selling price? G. If you charge $.45 per copy, what is the highest your expenses can be and still maintain a 25% markupa saling peca? 11. If you charge $.45 por copy, what is the highest your expenses can be and still istara 150% markup on costs? 2. Using the information in question # 1 above, assume you will charge on average $.40 per COPY Calculate your monthly revenue. D Asuna you lower the price from $ 30 to $ 24 per copy and you demand increases to 10,812 copies, weekly. Determine the clasticity of your demand. What can you infer about your Assume you raise the price from $ 30 to $.45 per copy and your demand decreases by 1000 copies weekly. Determine the elasticity of your demand. What can you in fer about your 3. Using the information in Question #1 A and B above A) Compute the Breakeven for each of the following: 1. Total annual revenue of $182, 812.50 2. Total annual revenue of $121.875 1. Total annual revenue of $97,500 D). Computa, the BE at each of the 3 selling prices given in # 1 A above with a profit goal of $27.000. QCarmpute the BE at each of the 3 selling prices given in # 1 A with a profit goal of 10% of D. What price are you going to charge for your product? What factors will istlucoce your decision? ALAsume the following Number of college students in the market Average number of copies per student per year Your Compan's estimated share of the total market 25,000 125 13% SOLVE FOR THE FOLLOWING: Total annual market demand Estimated annual company demand Estimated monthly demand Estimated weekly demand D.Given the following for your copy business: Annual Expenses: S 30,000 Paper: Rent: Insurance: Advertising: Other Supplies: S4062.50 S 12,000 S.2.500 S.1900 $ 5,000 Salaries: Hourly labor: Maintenance contract Utilities: $ 2.000 Total Fixed Cost: Fixed Cost'unit: Total Variable Cost: wXariable Cost/unit: C. Calculate the selling price per copy if you must have a markup of 25% on the selling price. D. What is the selling price per copy if you desire a 150% markup on cost? E. What is the markup on selling price with a $ 50 selling price per copy? F. What is the markup on cost with a $ .50 selling price? G. If you charge $.45 per copy, what is the highest your expenses can be and still maintain a 25% markupa saling peca? 11. If you charge $.45 por copy, what is the highest your expenses can be and still istara 150% markup on costs? 2. Using the information in question # 1 above, assume you will charge on average $.40 per COPY Calculate your monthly revenue. D Asuna you lower the price from $ 30 to $ 24 per copy and you demand increases to 10,812 copies, weekly. Determine the clasticity of your demand. What can you infer about your Assume you raise the price from $ 30 to $.45 per copy and your demand decreases by 1000 copies weekly. Determine the elasticity of your demand. What can you in fer about your 3. Using the information in Question #1 A and B above A) Compute the Breakeven for each of the following: 1. Total annual revenue of $182, 812.50 2. Total annual revenue of $121.875 1. Total annual revenue of $97,500 D). Computa, the BE at each of the 3 selling prices given in # 1 A above with a profit goal of $27.000. QCarmpute the BE at each of the 3 selling prices given in # 1 A with a profit goal of 10% of D. What price are you going to charge for your product? What factors will istlucoce your decision
