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Contribution Margin. Determine your contribution margin per unit for Collars, Leahes, and Harnesses Choose a sales price for each product. Calculate the contribution margin for

Contribution Margin.Determine your contribution margin per unit for Collars, Leahes, and Harnesses

  • Choose asales pricefor each product.
  • Calculate thecontribution marginfor each product based on your sales price and the variable cost for that product. Show your work using calculations.

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hailestone Two: Market Research Data 0 You have conducted some market research for style and size of prod ucis you want to use to launch your business. The market research has indicated the following sales price ranges will be optimal for your area depending on style of producis you choose to sell: - Collars :3 With pricing at $20 per collar, you can expect to sell 30 collars per day. :3 With pricing at $24 per collar, you can expect to sell 25 collars per day. on With pricing at $28 per oollar, you can expect to sell 20 collars per day - Leashes :3 With pricing at $22 per leash, you can expect to sell 28 leashes per day. :3 With pricing at $25 per leash, you can expect to sell 23 leashes per day. on With pricing at $30 per leash, you can expect to sell 18 leashes per day. - Harnesses :3 With pricing at $25 per harness, you can expect to sell 25 harnesses per day. :3 With pricing at $30 per harness, you can expect to sell 22 harnesses per day. on With pricing at $35 per harness, you can expect to sell 20 harnesses per day. Additionally, you will need to compare your break-even points for the following target prots for each area of your business to determine your prices: I Collars o Breakeven o 5300 target prot each month :3 $500 target prot each month - Leashes o Breakeven o 5400 target prot each month :3 $500 target prot each month I Harnesses o Breakeven o 5500 target prot each month :3 $650 target prot each month

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