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Dress shirt product lines Classic Premium Executive Retail SP $ 75.00 $ 95.00 $ 125.00 % of Total Sales 5% 15% 15% Tailoring Costs $
Dress shirt product lines | ||||
Classic | Premium | Executive | ||
Retail SP | $ 75.00 | $ 95.00 | $ 125.00 | |
% of Total Sales | 5% | 15% | 15% | |
Tailoring Costs | $ 7.50 | $ 9.25 | $ 10.75 | |
Shipping Costs | $ 48.50 | $ 58.75 | $ 69.25 | |
Suit product lines | ||||
Coat | Classic | Premium | Executive | |
Retail SP | $ 395.00 | $ 475.00 | $ 625.00 | $ 850.00 |
% of Total Sales | 10% | 15% | 15% | 25% |
Tailoring Costs | $ 28.35 | $ 25.50 | $ 29.00 | $ 33.10 |
Shipping Costs | $ 181.75 | $ 163.50 | $ 186.00 | $ 211.90 |
article name: Style inc: fine bespoke tailoring
1) Briefly describe the two choices being considered by Style Inc.'s management
2) Calculate the contribution margin ratio for each product. Which products are not meeting the 35% threshold?
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