Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Nun Carter operates a commercial plant user where it propagares plants for garden centers throughout the region. Nun Garden has $5 100.000 a yearly found

image text in transcribed

image text in transcribed

image text in transcribed

Nun Carter operates a commercial plant user where it propagares plants for garden centers throughout the region. Nun Garden has $5 100.000 a yearly found on SOCO000, and the variable for the poing ocorrer label seed, and labor foreach ako se plantiotal $125. Nature Garden's volume is curry 500,000 unis Competens offer the same plants at the way to garden center for $150 each Garden Center the mark them up to to the puble for $12, depending on the type of plant Read the Requirement a Garden's owers want to man 11% en een on the company's acts What is Nature Garder's targetul producto Les Targetul product cost Requirement 2. Gen Nature Garden's costs will in care be able to achieve the target profe? Begin by calculating Nature Garden's current full product on Plus Current productos Nature Garden's current til produce costs are Mit target tul product on therefore Nature Garden be able to achieve target proft Requirement 3. Assume Nature Garden has identified ways to cut les variable C 10 5110 perunk What is a new arget Food Cost? Wat is decrease in variable costs are the company to achieve target prote? Begin by calculating Nature Garden's new target food cost Targeted COSE Choose from any list or any number in the input fields and then continue to the next question 3:24 Less Target foed cost w this decrease invariable costs allow the company to achieve its target profit? Since the company's actualtbed costs are the new targeted cost amount Nature Garden be able to achieves target profit without having to take any other coutong measures Requirement 4. Nature Garden staned an aggressive advertising campaign strategy to different is plants from those grown by other nursenes Nature Garden does not expect volume to be affected, but it hopes to gain mor control over pricing anden has se spune $135.000 this year to advertise and its variable costs continue to be $1 10 per unit what will cost pus pince be? Do you think Nature Garden will be able to seis plants to garden centers at the couples price? Why or why not? Begin by calculating the cost plus price per unk (Round your answer to the nearest cent) Plus Full product CON Plurk Target revenue Divided by: Cosplus price per unit Do you think Nature Garden will be able to sell its plants to garden centers at the cost plus pace? Why why not? If the advertising campaign is effective, Nature Garden be able to its plants to garden centers at the price because it is than the $3.50 that Nature Garden previously charged Choose from any list or enter any number in the input fields and then continue to the next question 3:26 $12, dependin on investment on the company's assets. What is Nature Garden's target full product cost? 0 Requirements - X able to achieve the 1 Nature Garden's owners want to eam an 11% return on investment on the company's assets. What is Nature Garden's target full product cost? 2. Given Nature Garden's current costs, will its owners be able to achieve their target profit? 3. Assume Nature Garden has identified ways to cut its variable costs to $1.10 per unit. What is its new target fixed cost? Will this decrease in variable costs allow the company to achieve its target profit? 4. Nature Garden started an aggressive advertising campaign strategy to differentiate its plants from those grown by other nurseries. Nature Garden does not expect volume to be affected, but it hopes to gain more control over pricing. If Nature Garden has to spend $135,000 this year to advertise and its variable costs continue to be $1.10 per unit, what will its cost-plus price be? Do you think Nature Garden will be able to sell its plants to garden centers at the cost-plus price? Why or why not? product cost, the riable costs to $1. its target profit? Print Done continue to the next

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

CIA Part 1 Essentials Of Internal Auditing 2022

Authors: MUHAMMAD ZAIN

1st Edition

B09PHFC28N, 979-8794951356

More Books

Students also viewed these Accounting questions

Question

=+16.10. 2.19 16.9 | Assume u(1) Answered: 1 week ago

Answered: 1 week ago