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Please answer the following and show work/steps!!! -The total variable costs incurred by Glenmeadie in 2014. -The total fixed costs incurred by Glenmeadie in 2014.
Please answer the following and show work/steps!!!
-The total variable costs incurred by Glenmeadie in 2014.
-The total fixed costs incurred by Glenmeadie in 2014.
-The unit contribution in US Dollars per 750 ml bottle of Glenmeadie sold in 2014.
-The breakeven number of liters of Glenmeadie that would have to be sold in 2014.
-Glenmeadies profit impact in US Dollars in 2014.
-The market share in volume and revenues that Glenmeadie needs in 2014 for breakeven.
GLOBAL MARKET SHARE FOR WHISKY SALES Company 2014 2016 2013 2015 Diageo plc 5.10% 5.70% 5.80% 5.00% 4.00% 4.90% 5.10% 5.60% Pernod Ricard 4.30% 4.60% 4.60% 4.80% United Spirits Limited Others 86.00% 84.70% 85.20% 84.60% PER CAPITA WHISKY CONSUMPTION IN LITERS BY REGION AND YEAR 2013 2014 2015 2016 Average Per Capita Whisky Consumption 1.67 L 1.71 L 1.82 L 1.96 LStep by Step Solution
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