Garden House operates a commercial plant nursery where a propagates plants for garden centers throughout the region Garden House has $6 million in assets its yearly fixed costs $900.000, and the variable costs for the potting sollcontainet label, seeding, and labor for each galon-sized planttoral $115 Garden Houtes volume is currenty 600,000 unts. Compettors offer the same quality plants to garden centers for 53.00 each. Garden centers then mark them up to sell to the public for $9 $11, depending on the type of plant Read the requirements Requirement Garden House owners want to earn a 14% return on the company. What is Garden Houses font tout? Calculate the targetful cost for Garden House Select the formulates and enter the amounts LO Target001 1. Garden House owners want to earn a 14% return on the company's assets. What is Garden House's target full cost? 2. Given Garden House's current costs, will its owners be able to achieve their target profit? Show your analysis. 3. Assume that Garden House has identified ways to cut its variable costs to $1.00 per unit What is its new target fixed cost? Will this decrease in variable costs allow the company to achieve its target profit? Show your analysis. 4. Garden House started an aggressive advertising campaign strategy to differentiate its plants from those grown by other nurseries. Garden House doesn't expect volume to be affected, but it hopes to gain more control over pricing. If Garden House has to spend $72,000 this year to advertise and its variable costs continue to be $1.00 per unit, what will its cost-plus price be? Do you think Garden House will be able to sell its plants to garden centers at the cost-plus price? Why or why not? Store.All produces plastic storage bis for household storage needs. The company makes two of bin Lange (60 gallon) and Regular (golion Demand for the product is high that the company can set as many of each nie as it can produce. The same machinery is used to produce bon sizes. The machinery sal for only $ 200 routs per pered. The company produce 11 Large bina every hour ord to 1. Regular bra in the same amount of time. Fred percas amount $115.000 per period. Bale prices and variables are as follows Click the icon to view the cost 1. Which product should storlamp? Why? 2. To maximize profits, how many of each sinh the company produce 3. Given the product me what will the organy's opening income? Garden House operates a commercial plant nursery where a propagates plants for garden centers throughout the region Garden House has $6 million in assets its yearly fixed costs $900.000, and the variable costs for the potting sollcontainet label, seeding, and labor for each galon-sized planttoral $115 Garden Houtes volume is currenty 600,000 unts. Compettors offer the same quality plants to garden centers for 53.00 each. Garden centers then mark them up to sell to the public for $9 $11, depending on the type of plant Read the requirements Requirement Garden House owners want to earn a 14% return on the company. What is Garden Houses font tout? Calculate the targetful cost for Garden House Select the formulates and enter the amounts LO Target001 1. Garden House owners want to earn a 14% return on the company's assets. What is Garden House's target full cost? 2. Given Garden House's current costs, will its owners be able to achieve their target profit? Show your analysis. 3. Assume that Garden House has identified ways to cut its variable costs to $1.00 per unit What is its new target fixed cost? Will this decrease in variable costs allow the company to achieve its target profit? Show your analysis. 4. Garden House started an aggressive advertising campaign strategy to differentiate its plants from those grown by other nurseries. Garden House doesn't expect volume to be affected, but it hopes to gain more control over pricing. If Garden House has to spend $72,000 this year to advertise and its variable costs continue to be $1.00 per unit, what will its cost-plus price be? Do you think Garden House will be able to sell its plants to garden centers at the cost-plus price? Why or why not? Store.All produces plastic storage bis for household storage needs. The company makes two of bin Lange (60 gallon) and Regular (golion Demand for the product is high that the company can set as many of each nie as it can produce. The same machinery is used to produce bon sizes. The machinery sal for only $ 200 routs per pered. The company produce 11 Large bina every hour ord to 1. Regular bra in the same amount of time. Fred percas amount $115.000 per period. Bale prices and variables are as follows Click the icon to view the cost 1. Which product should storlamp? Why? 2. To maximize profits, how many of each sinh the company produce 3. Given the product me what will the organy's opening income
