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For this assignment, we will be performing a financial analysis using two different pricing methods to calculate their monthly profits and determine which pricing option

For this assignment, we will be performing a financial analysis using two different pricing methods to calculate their monthly profits and determine which pricing option results in the best outcome for the funeral home. As a future business owner/manager, this is a typical analysis you should be performing to determine how to strategize best for your firm. In reality, you would need a lot more data than a few months due to the inherent fluctuations of our business to draw true strategic results. Please use the file below to input your results with the required written summary:

Funeral Home A

They utilize a fixed multiplier of 2.5 for their caskets

January

Model Name Quantity Wholesale Price (per unit)
Dakota 4 $875
Sebring 8 $1,150
Claire 11 $545
Horizon 5 $895

February

Model Name Quantity Wholesale Price (per unit)
Dakota 7 $875
Sebring 4 $1,150
Claire 20 $545
Horizon 9 $895

Funeral Home B

They utilize a fixed dollar amount of $1,000 for their caskets

January

Model Name Quantity Wholesale Price (per unit)
Dakota 4 $875
Sebring 8 $1,150
Claire 11 $545
Horizon 5 $895

February

Model Name Quantity Wholesale Price (per unit)
Dakota 7 $875
Sebring 4 $1,150
Claire 20 $545
Horizon 9 $895image text in transcribed
For your assignment, I want you to determine the total Wholesale Cost of both funeral homes, total sales and Gross Margin. Lastly, input which method results in a better profit to the funeral home. Also, include which pricing method you prefer and reasoning

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