o Green Thumb operates a commercial plant nursery where it propagates plants for garden centers throughout the region Green Thumb has 56 2 million in assets. Its yearly feed costs are $600.500, and the variable costs for the potting soil, container, label, seeding, and labor for each gallon-sized plant total $1.05. Green Thumb's volume is currently 475,000 unts. Competitors offer the same quality plants to garden centers for $3.60 each Garden centers then mark them up to sell to the public for $8 to $10, depending on the type of plant. Read the requirements Requirement 1. Green Thumb owners want to earn an 11% return on the company's assets. What is Green Thumb's targetful cost? Calculate the target full cost for Green Thumb Select the formula labels and enter the amounts. Less: Target full com Requirement 2. Given Green Thumb's current costs wil its owners be able to achieve the target profit? Show your analysis Calle Green Thumb's current totalul cos. Select the formula labies and enter the amounts Toot GreenThume's current totalul costs of target cool. Creanthus meet the owner's protect Requirements. Asume that Green Thumb has identified ways to cut its variable costs to 10.00 per What is reware fred cost? Whereas in variowe may be Choose from any or enter any number in the input fields and then continue to the next gestion 0 9 8 $ 4 7 W 3 6 5 2 0 P Y T R E Q W tab K L G H F D S caps lock NM Read the requirements Requirement 3. Assume that Green Thumb has identified ways to cut its variable costs to $0.90 per unit. What is its new target feed cost? Will this decrease in variable costs allow the company to achieve its target profit? Show your analysis Target full cost Less: Reduced level of variable costs New target fixed costs The new target fixed costis By reducing variable costs to $0.90, GreenThumb be able to achieve its target profit without having to take any other coat cutting measures Requirement 4. Green Thumb started an aggressive advertising campaign strategy to differentiate its plants from those grown by other nurseries Green Thumb doesn't expect volume to be affected, but I hopes to gan more control over pricing. I Green Thumb has to spend 5114.000 a year to advertise and its variable costs continue to be $0.90 per unit, what will cost plus price be? Do you think Green Turowd tee to sales plants to garden centers at the cost plus price? Why or why not? Determines con plus price (Round the cost plus price to the newest cont) Plus Choose from any list of enter a number in the input fields and then continue to the question Requirement 4. Green Thumb started an aggressive advertising campaign strategy to differentiate its plants from those grown by other nurseries Green Thund doesn't expect volume to be affected but hopes to gain more control over pricing, Green Thumb has to spend 5114,000 this year to advertise and its variable costs continue to be $0.90 per unit, what wil is coplus price be? Do you think Groen Thumb wilable to ser plants to garden centers at the cost-plus price? Why or why not? Determine its cost-plus price (Round the cost-plus price to the nearest cent.) Plus Plus Target revenue Divided by Cost-plus price per nursery Otherwise Green Thumb may be considered a Consumers will be more willing to pay the cost pus price the marketing campaign is Choose from any list of enter any number in the input fields and then continue to the next X 0 Requirements ce 1. GreenThumb owners want to earn an 11% return on the company's assets. What is GreenThumb's target full cost? 2. Given GreenThumb's current costs, will its owners be able to achieve their target profit? Show your analysis. 3. Assume that GreenThumb has identified ways to cut its variable costs to $0.90 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. Green Thumb started an aggressive advertising campaign strategy to differentiate its plants from those grown by other nurseries. GreenThumb doesn't expect volume to be affected, but it hopes to gain more control over pricing. If GreenThumb has to spend $114,000 this year to advertise and its variable costs continue to be $0.90 per unit, what will its cost-plus price be? Do you think GreenThumb will be able to sell its plants to garden centers at the cost-plus price? Why or why not? Print Done plus price if the marketing campaign is Otherwise Green Thumb may be considered a nursery