Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

As a management scientist, is there anything you need to refine in this case model? Case 4 Case 5 Current Sales Current Sales Sales

image

As a management scientist, is there anything you need to refine in this case model? Case 4 Case 5 Current Sales Current Sales Sales Level Increase Price Reduce Cost Qty Sold per day Qty Sold per mo. Selling Price Variable Cost Gross Profit per mo. Fixed Cost per mo. Salaries & Benefits Rent Utilities Logistics & Marketing Profit per mo. INPUT (calculated) INPUT INPUT (calculated) (calculated) INPUT INPUT INPUT INPUT OUTPUT Case 1 Current/ Status Quo 100 3,000 40 13 81,000 60,000 30,000 15,000 10,000 5,000 21,000 Case 2 Increase Sales to get 25k Profit 105 3,150 40 13 85,050 60,000 30,000 15,000 10,000 5,000 25,050 Case 3 Break-even 75 2,250 40 13 60,750 60,000 30,000 15,000 10,000 5,000 750 100 3,000 45 13 96,000 60,000 30,000 15,000 10,000 5,000 36,000 100 3,000 40 13 81,000 57,000 30,000 15,000 10,000 2,000 24,000 Share your thoughts!

Step by Step Solution

3.47 Rating (160 Votes )

There are 3 Steps involved in it

Step: 1

Labelling The headers for each column or row could be clearer and more descriptive to make it easier ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

9th Edition

1337614689, 1337614688, 9781337668262, 978-1337614689

More Books

Students also viewed these Accounting questions