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First read Foxy Originals Foxy Originals. Required There are two potential strategies to consider: Trade Show, and On- Line tu I. Trade Show nal Things
First read Foxy Originals
Foxy Originals. Required There are two potential strategies to consider: Trade Show, and On- Line tu I. Trade Show nal Things you will need to consider or calculate: Investment They need a booth for their trade show presence; Cost; useful life; depreciation Fixed Costs . Registration . Shipping Costs (for the booth) e Travel Expenses (for the two partners) . Promotional materials and samples Depreciation expense (from the above investment) Average trade show order . Necklace selling price and number of units . Earrings selling price and number of units Contribution Margin ($ and %) Necklace per unit and per order Earrings per unit and per order . Total per order Estimated orders per show . High estimate and low estimate Reorders: 50% reorder twice a year Total per order Calculations needed Break-even units (orders) . Break-even sales (dollars) . Target profit units (orders) . Target Profit sales (dollars) Margin of safety (for high and low estimate) . Prepare a contribution margin format income statement Foxy Originals. Required There are two potential strategies to consider: Trade Show, and On- Line tu I. Trade Show nal Things you will need to consider or calculate: Investment They need a booth for their trade show presence; Cost; useful life; depreciation Fixed Costs . Registration . Shipping Costs (for the booth) e Travel Expenses (for the two partners) . Promotional materials and samples Depreciation expense (from the above investment) Average trade show order . Necklace selling price and number of units . Earrings selling price and number of units Contribution Margin ($ and %) Necklace per unit and per order Earrings per unit and per order . Total per order Estimated orders per show . High estimate and low estimate Reorders: 50% reorder twice a year Total per order Calculations needed Break-even units (orders) . Break-even sales (dollars) . Target profit units (orders) . Target Profit sales (dollars) Margin of safety (for high and low estimate) . Prepare a contribution margin format income statementStep by Step Solution
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