I need help!!!
You have conducted some market research for style and size of products you want to use to launch your business. The market research has indicated the following sales price ranges will be optimal for your area depending on style of products you choose to sell:
Collars
oWith pricing at $20 per collar, you can expect to sell 30 collars per day.
oWith pricing at $24 per collar, you can expect to sell 25 collars per day.
oWith pricing at $28 per collar, you can expect to sell 20 collars per day
Leashes
oWith pricing at $22 per leash, you can expect to sell 28 leashes per day.
oWith pricing at $26 per leash, you can expect to sell 23 leashes per day.
oWith pricing at $30 per leash, you can expect to sell 18 leashes per day.
Harnesses
oWith pricing at $25 per harness, you can expect to sell 25 harnesses per day.
oWith pricing at $30 per harness, you can expect to sell 22 harnesses per day.
oWith pricing at $35 per harness, you can expect to sell 20 harnesses per day.
Additionally, you will need to compare your break-even points for the following target profits for each area of your business to determine your prices:
Collars
oBreak-even
o$300 target profit each month
o$500 target profit each month
Leashes
oBreak-even
o$400 target profit each month
o$600 target profit each month
Harnesses
oBreak-even
o$500 target profit each month
o$650 target profit each month
ACC 202 Project Workbook (2) - Excel Taliyah Cross X File Home Insert Page Layout Formulas Data Review View Help Tell me what you want to do Share Cut EX AutoSum ~ Calibri - 10 AA = al Wrap Text General AY O Copy Fill Paste Merge & Center $ ~ % " Conditional Format as Cell Insert Delete Format Sort & Find & Format Painter BIULA Formatting * Table . Styles ~ Clear ~ Filter ~ Select ~ Clipboard Font Alignment Number Styles Cells Editing G55 X Y A B C D E F G H K L M N 0 P Q 5 Collars Item Variable Cost/Item Item Fixed Costs 9 High-tensile strength nylon webbing 4.00 Collar maker's salary (monthly) 2,773.33 10 Polyesterylon ribbons 3.00 Depreciation on sewing machines 55.00 11 Buckles made of cast hardware 2.00 Rent 250.00 12 Price tags 0.10 Utilities and insurance 200.00 13 Scissors, thread, and cording 400.00 14 Loan payment 183.33 15 Salary to self 166.67 16 17 19 Total Variable Costs per Collar S 9.10 Total Fixed Costs 4,028.33 20 22 23 Leashes 25 Item Variable Cost/Item Item Fixed Costs 27 High-tensile strength nylon webbing 6.00 Leash maker's salary (monthly) 2,560.00 28 Polyesterylon ribbons 4.50 Depreciation on sewing machines 55.00 29 Buckles made of cast hardware 1.50 Rent 250.00 30 Price tags 0.10 Utilities and insurance 200.00 31 Scissors, thread, and cording 400.00 32 Loan payment 183.00 33 Salary to self 166.67 34 35 36 38 Total Variable Costs per Leash $ 12.10 Total Fixed Costs $3,814.67 $ 3,814.67 39 Cost Classification Variable and Fixed Costs Contribution Margin Analysis Break-Even Analysis COGS Income Statement Variances + Ready - + 100% 11:04 PM Type here to search O w E 5/30/2021X ACC 202 Project Workbook (2) - Excel Taliyah Cross Share File Home Insert Page Layout Formulas Data Review View Help Tell me what you want to do Cut EX AutoSum ~ Calibri - 10 AA = al Wrap Text General AY O Fill Copy Cell Sort & Find & BIULA = Merge & Center Conditional Format as Insert Delete Format Paste $ ~ % " Formatting " Table . Styles ~ Clear ~ Filter ~ Select ~ Format Painter Cells Editing Clipboard Font Alignment Number Styles G55 X Y 0 P Q A B C D E F G H K L M N 41 42 Harnesses 44 Item Variable Cost/Item Item Fixed Costs 46 High-tensile strength nylon webbing 6.00 Harness maker's salary 2,720.00 47 Polyesterylon ribbons 4.50 Depreciation on sewing machines 55.00 48 Buckles made of cast hardware 4.00 Rent 250.00 49 Price tags 0.10 Utilities and insurance 200.00 50 Scissors, thread, and cording 400.00 51 Loan 183.33 52 Salary to self 166.67 53 54 55 57 Total Variable Costs per Harness $ 14.60 Total Fixed Costs $ 3,975.00 58 60 61 62 63 64 65 66 68 69 70 71 72 73 Cost Classification Variable and Fixed Costs Contribution Margin Analysis Break-Even Analysis COGS Income Statement Variances + - + 100% Ready 11:04 PM Type here to search O w X E 5/30/2021ACC 202 Project Workbook (2) - Excel Taliyah Cross X File Home Insert Page Layout Formulas Data Review View Help Tell me what you want to do Share Cut EX AutoSum ~ Calibri - 10 AA = al Wrap Text General AY O Copy Fill Sort & Find & Paste BIULA =Merge & Center $ ~ % " Conditional Format as Cell Insert Delete Format Format Painter Formatting " Table " Styles ~ Clear Filter ~ Select Clipboard Font Alignment Number Styles Cells Editing C33 X Y fx B C D E F G H K M N P Q R S A Milestone Two - Contribution Margin Analysis COLLARS LEASHES HARNESSES Sales Price per Unit 9 Variable Cost per Unit 11 Contribution Margin 14 15 16 17 18 19 20 21 22 23 24 26 27 28 29 30 31 32 Cost Classification Variable and Fixed Costs Contribution Margin Analysis Break-Even Analysis COGS Income Statement Variances + -+ 100% Ready - 11:07 PM Type here to search O W E 5/30/2021ACC 202 Project Workbook (2) - Excel Taliyah Cross X File Home Insert Page Layout Formulas Data Review View Help Tell me what you want to do Share Cut - 12 AA = AutoSum ~ Calibri al Wrap Text General EX AY O Copy Fill E =Merge & Center $ ~ % " Conditional Format as Cell Insert Delete Format Sort & Find & Paste Clear ~ Format Painter Formatting * Table . Styles Filter ~ Select Cells Editing Clipboard Font Alignment Number Styles B2 X V fx Milestone Two - Break-Even Analysis E F G H K L M N O P Q R S T A B C D Milestone Two - Break-Even Analysis I- WN COLLARS LEASHES HARNESSES Sales Price S Fixed Costs $ S $ 10 11 Contribution Margin $ 12 13 Break-Even Units (round up) 14 16 17 Target Profit S 300.00 S 400.00 S 500.00 18 19 Break-Even Units (round up) 20 22 23 Target Profit S 500.00 S 600.00 S 650.00 24 25 Break-Even Units (round up) 26 28 29 30 31 32 33 Cost Classification Variable and Fixed Costs Contribution Margin Analysis Break-Even Analysis COGS Income Statement Variances + - -+ 100% Ready 11:07 PM O w E Type here to search 5/30/2021