Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please fill in the blanks for the question below on the excel spreadsheet. I have attached some formulas to make it easier. Thanks! Formulas: %
please fill in the blanks for the question below on the excel spreadsheet. I have attached some formulas to make it easier. Thanks!
Formulas:
% MC = ($MC/$First Price) * 100 | |||||
%IMU = ($First Price - $MC)/$First Price * 100 OR 100% - %MC | |||||
$ IMU = $First Price - $MC OR $First Price * %IMU/100 | |||||
$AMU = ($First Price * %AMU)/100 | |||||
$Premium Price = $First Price + $AMU | |||||
$TemMD =( $First Price *%TemMD)/100 | |||||
$Promotional Price = $First Price - $TemMD | |||||
$PermMD = (%PermMD * $First Price)/100 | |||||
$Clearance Price = $First Price - $PermMD |
|
Question:
Prestige Pricing Strategy | |||||||||||
$First Price | $MC | %MC | %IMU | $IMU | %AMU | $AMU | $ Premium Price | %PermMD | $PermMD | $Clearance Price | |
65.00 | 30.00 | 20.00 | 35.00 | ||||||||
70.00 | 30.00 | 20.00 | 35.00 | ||||||||
75.00 | 35.00 | 20.00 | 35.00 | ||||||||
80.00 | 35.00 | 20.00 | 35.00 | ||||||||
85.00 | 35.00 | 20.00 | 35.00 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started