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Excel project on Product profitability and introduction to BudgetingHere are the factsCoco Raven Designer Dog Beds makes beds for favorite dogs. There are 3 types

Excel project on Product profitability and introduction to BudgetingHere are the factsCoco Raven Designer Dog Beds makes beds for favorite dogs. There are 3 types Mini for small Dogs Cute for medium Dogs Bruiser for large Dogs Pricing and costs are as follows:Mini4 yards of material2 cubic feet of stuffing4 hours of laborCute6 yards of material2 cubic feet of stuffing6 hours of laborBruiser6 yards of material4 cubic feet of stuffing8 hours of laborCosts:$3 per yard of material$1 per cubic foot of stuffing$20 per hour of laborOverhead is 150% of labor costPart 1On Product cost and price sheet 2, develop costs and pricing for each productPart 2On Budget sheet, develop budgets at noted levelBudget at following levels of salesSales Level 1 Level 2 Level 3Mini 405010Cute 608020
Bruiser 8010040Part 3On Breakeven Sheet, develop Breakeven level of salesBreakeven sales with a sales mix of 20% mini, 40% cute, 40% bruiserother factsExecutive Support $200,000Executive Overhead $400,000Other Costs $500,000
Mini Cute BruiserMaterialStuffingLaborOverheadTotal CostsRequired pricing(50% profit)
BudgetsLevel 1 Level 2 Level 3SalesMiniCuteBruiserCOGSMiniCuteBruiserContribution MarginOther CostsExecutive SupportExecutive OverheadOther CostsNet Profit
Breakeven Salesbreak even salesyou will need to use a weighted average contribution margin calculation

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