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Now that Julie has a better understanding of the behavior of her costs, she wants to use what she has learned to prepare for the
Now that Julie has a better understanding of the behavior of her costs, she wants to use what
she has learned to prepare for the following scenarios:
A local food caterer wishes to partner with Julie to buy the wedding cakes in bulk at a
discounted price to sell to their clients. This will help Julie boost her sales and is a good
opportunity for her. If the caterer offers to buy cakes per month at $ each, and
Julie has excess capacity, should Julie accept the special order?
Julie has an idea to offer a premium wedding cake that would include real flowers on top
of the cake. The flowers would cost her about $ cake, and she would plan on selling
the premium wedding cakes for $ Should she continue selling the wedding cakes as
is or sell this premium option?
Julie is currently making her own vanilla extract that she uses for flavoring in her cakes. It
currently cost her $ to make a bottle of vanilla extract that will help her produce
cakes. If she were to purchase a bottle of vanilla extract, it would cost her $ Should
she make or buy the extract? If she now has freed up space and time to be able to make
an additional wedding cake, would this change her decision?
Use Excel to analyze these business decisions to determine what Julie should do if she comes
across these scenarios.Requirment :
Use the data provided to answer the following business decisions in each scenario.
Use per unit figures, not totals
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