need all reqs pls
Bennett Builders builds 1,500-square-foot starter tract homes in the fast-growing suburbs of Chicago. Land and labor are cheap, and competition among developers is fierce. The homes are "cookie-cutter," with any upgrades added by the buyer after the sale. Bennett Builders' cost per developed sublot are as follows: (Click the icon to view the costs.) Bennett Builders would like to eam a profit of 15% of the variable cost of each home sale. Similar homes offered by competing builders sell for $207,000 each. Read the requirements Requirement 1. Which approach to pricing should Bennett Builders emphasize? Why? Bennett will need to emphasize a target-costing approach to pricing. Because the tract homes are not unique and face stiff competition, Bennett will not have much control over pricing. Requirement 2. Will Bennett Builders be able to achieve its target profit levels? Show your computations. Complete the following table to show whether Bennett Builders will be able to achieve their target profit levels. (Use parentheses or am Data table Requirements Less: Target cost per home Land... $ 59,000 Less: Expected excess profit (profit shortfall) Construction.. Landscaping. Variable marketing costs $ 120,000 $ 5,000 1. Which approach to pricing should Bennett Builders emphasize? Why? 2. Will Bennett Builders be able to achieve its target profit levels? Show your co 3. Bathrooms and kitchens are typically the most important selling features of a Builders could differentiate the homes by upgrading bathrooms and kitchens cost $20,000 per home but would enable the company to increase the selling per home (in general, kitchen and bathroom upgrades typically add at least 1 the value of any home.) If Bennett Builders upgrades, what will the new cost- be? Should the company differentiate its product in this manner? Show your $ 1,000 Print Done Help me solve this Video Get more help Print Done Berne Budestule 1.500-foot starter tract home in the fast-growing buts of Chicago. Land and laborare cheap and competition to developers is fierce The Homes are one with any upgrades added by the buyer resale Bennett Dercost per developed stere as fotos Click the icon to view the costs) Points 0.23 of 2 Bennett Buers would like to earn a prolt of 1% of the variable cost of each home sale Simlar homes offer by competing buss for $207 000 ch Read there Requirement 1. Which approach to pricing should Bennett Builders emphasize? Why? Bent will need to emphasize targeting approach to pricing. Because the act homes are not unique and face compatton Benell will not have much control over pricing Requirement 2. Wir bulders be able to achieve its target profit levels? Show your computation Complete the following this to show whether Bennett Builders will be tole to achieve their retrofit levels. (Us press or antico total LUE Target per home Data table Requirements Land Construction Landscaping Variable marketing coal $ 50.000 $ 120.000 5,000 1000 1. Which approach to pricing would Bennett dere? Why? 2. Will Bumbestieto cheve te wet prove? Show your computations 1. Blooms and there are typically the most important saling features of a home Barnett Bulders could differentiate the home by upgrading booms and then. The upgrades would cost $20.000 per one but would be the company to the soling price by 135,000 per home in general tchen and bathroom upgrade to add a 150. of the cost to the value of any home) Benellikters upgrades what will be we price home be? Should be company detais product in this manner?show your Print Done Print
