Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can someone look and see if the figures in the 3rd picture is correct and if not advise me on excel formuls to fix and

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

can someone look and see if the figures in the 3rd picture is correct and if not advise me on excel formuls to fix and help with the in ome statement? i will post again fot the calculatuin of weighted average CM

and the multi product break even point

FILE % Cut E Copy Calibri aste Format Painter Clipboard Font 67 Modeli The purpose of this project is to give you experience creating a multiproduct profitability analysis that can be used to determine the effects of changing business conditions on the client's financial position. Your goal will be to use Excel in such a way that any changes to the assumptions will correctly ripple through the entire profitability analysis. If executed property, the client should be able to use this spreadsheet over and over, using different "what if" assumptions. Business Description After taking business dasses, Jake, an avid dog-lover, decided to start selling unique pet supplies at trade shows. He has two products: Product 1: "Launch-it a tennis ball thrower that will sell for $10. Product 2: Treat-time- an automatic treat dispenser that releases a treat when the dog places his paw on the pedal. The treat dispenser will sell for $30. 0costs: Jake has hired an employee to work the trade show booths. The work contract is $1,000 per month plus a commission equal to 10% of revenue, ake will also spend S500 2 per month on trade-show entry fees. Jake is purchasing the products from a supplier in 3Mexico. Launch-its cost $i each; Treat-times cost $7 each. Shipping and handling on the Launch-its will cost $2 each; Shipping and handling on the Treat-times, which are 7Assume jake expects to sell 200 Launch-its and 100 Treat-times during his first month of 0 Jake's financial goal is to earn an operating income of $3,000 per month. He believes heavier, will cost $3 each. The shipping and handling costs will be paid by Jake, not the customer 8 operations (june) volume may grow at a rate of 5% i month. Business & DirectionsStarting file Advising clie

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Introduction To Managerial Accounting

Authors: Jeannie Folk, Ray Garrison, Eric Noree

1st Edition

0072468440, 978-0072468441

More Books

Students also viewed these Accounting questions

Question

2 To what extent does their relevance vary internationally?

Answered: 1 week ago

Question

8 What can HRM do to manage diversity?

Answered: 1 week ago

Question

7 How should HRM practitioners approach conflict in the workplace?

Answered: 1 week ago