Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Elon Mist sales details on the existing products are as follows: Product Sales Volume (units) Selling Price (RM) Production Cost (% of Selling Price) A
Elon Mist sales details on the existing products are as follows:
Product | Sales Volume (units) | Selling Price (RM) | Production Cost (% of Selling Price) |
A | 20,000 | 25 | 30% |
B | 15000 | 33 | 35% |
C | 12000 | 40 | 42% |
The company plans to introduce Product C, which will affect the sales volume of the current products by 25% each.
Product C will be sold for RM32.00 with production cost of RM15.00 each, and the sales volume is expected to be 25,000 units.
Complete the assessment. AND PLEASE SEND ME THE EXCEL WORKSHEET
- Contribution margin for Product A is RM_________.
- Production cost of Product B is RM_______.
- Sales Revenue for Product C is RM____________.
- Total Sales Revenues for the existing products are RM___________.
- Total Net Contribution Margin for the existing products are RM_________.
- Drop in sales volume for Product B is _______ units.
- Projected sales volume for Product A is _______ units
- Total projected Sales Revenue is RM__________.
- Total projected Net Contribution Margin for the products is RM________
- Erosion cost with introduction of Product D will be RM__________.
- The company should not proceed with Product D. TRUE/FALSE
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started