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Please help me understand how this should be all be done. There is no information missing. I have provided all pieces of information that are

Please help me understand how this should be all be done. There is no information missing. I have provided all pieces of information that are related to the assignment.

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You have conducted some market research for style and size of products you want to use to launch your business. The market research has indicated the following sales price ranges will be optimal for your area depending on style of products you choose to sell:

? Collars o With pricing at $20 per collar, you can expect to sell 30 collars per day. o With pricing at $24 per collar, you can expect to sell 25 collars per day. o With pricing at $28 per collar, you can expect to sell 20 collars per day

? Leashes o With pricing at $22 per leash, you can expect to sell 28 leashes per day. o With pricing at $26 per leash, you can expect to sell 23 leashes per day. o With pricing at $30 per leash, you can expect to sell 18 leashes per day.

? Harnesses o With pricing at $25 per harness, you can expect to sell 25 harnesses per day. o With pricing at $30 per harness, you can expect to sell 22 harnesses per day. o With pricing at $35 per harness, you can expect to sell 20 harnesses per day.

Additionally, you will need to compare your break-even points for the following target profits for each area of your business to determine your prices:

? Collars o Break-even o $300 target profit each month o $500 target profit each month

? Leashes o Break-even o $400 target profit each month o $600 target profit each month

? Harnesses o Break-even o $500 target profit each month o $650 target profit each month

Remember that all break-even and target points must be in whole units (we cannot sell a partial unit). Round up when calculating partial units to ensure costs are covered. Excel tip - use ROUNDUP function

Here are what the tabs I need to complete look like in the workbook:

Here is the work I have done prior:

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image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed . Contribution Margin. Determine your contribution margin per unit in the "Contribution Margin Analysis" tab. 0 Choose a sales price for each product. 0 Calculate the contribution margin for each product based on your sales price and the variable cost for that product. Show your work using calculations to the side of the table or using appropriate formulas in the table. . Break-Even Analysis. Use costvolumeprot (CVP) analysis to determine your breakeven points for achieving your target prots in the \"Brea k-Even Analysis" tab. 0 Determine the break-even points for each product. Show your work using calculations to the side of the table or using appropriate formulas in the table. 0 Determine breakeven units for the suggested target prots for each product. Show your work using calculations to the side of the table or using appropriate formulas in the table. Milestone Two - Contribution Margin Analysis COLLARS LEASHES HARNESSES Sales Price per Unit Variable Cost per Unit 9.10 12.10 14.60 Contribution MarginMilestone Two - Break-Even Analysis COLLARS LEASHES HARNESSES Sales Price S Fixed Costs S S Contribution Margin S Break-Even Units (round up) Target Profit S 300.00 S 400.00 S 500.00 Break-Even Units (round up) Target Profit 500.00 600.00 S 650.00 Break-Even Units (round up)Milestone One - Variable and Fixed Costs Collars Item Variable Cost/Item Item Fixed Costs High-tensile strength nylon webbing $ 4.00 Collar maker's salary (monthly) 2,773.33 Polyesterylon ribbons 3.00 Depreciation on sewing machines 55.00 Buckles made of cast hardware 2.00 Rent 250.00 Price tags 0.10 Utilities and insurance 200.00 Scissors, thread, and cording 400.00 Loan payment 183.33 Salary to self 166.67 Total Variable Costs per Collar $ 9.10 Total Fixed Costs $ 4,028.33 Leashes Item Variable Cost/Item Item Fixed Costs High-tensile strength nylon webbing 6.00 Leash maker's salary (monthly) 2,560.00 Polyesterylon ribbons 4.50 Depreciation on sewing machines 55.00 Buckles made of cast hardware 1.50 Rent 250.00 Price tags 0.10 Utilities and insurance 200.00 Scissors, thread, and cording 400.00 Loan payment 183.33 Salary to self 166.67 Total Variable Costs per Leash 12.10 Total Fixed Costs $ 3,815.00Harnesses Item Variable Cost/Item Item Fixed Costs High-tensile strength nylon webbing 6.00 Harness maker's salary 2,720.00 Polyesterylon ribbons 4.50 Depreciation on sewing machines 55.00 Buckles made of cast hardware 4.00 Rent 250.00 Price tags 0.10 Utilities and insurance 200.00 Scissors, thread, and cording 400.00 Loan 183.33 Salary to self 166.67 Total Variable Costs per Harness $ 14.60 Total Fixed Costs $ 3,975.00You plan to open a small business for manufacturing pet collars, leashes, and harnesses. You have found a workshop space you can use for sewing your products. After some research and planning, you have estimates for the various operating costs for your business. The total square footage for the sewing rooms is 1,500 square feet broken into three areas (500 square feet each). You have taken out a loan for startup costs, and the monthly payment is $550; it goes into effect immediately and should be accounted for in your costs. You will also collect a modest salary for the first year of $500 per month; remember to divide evenly among the services. Salary and Hiring Data 0 One collar maker, who will be paid $16.00 per hour and work 40 hours per week 0 One leash maker, who will be paid $16.00 per hour and work 40 hours per week 0 One harness maker, who will be paid $17.00 per hour and work 40 hours per week 0 One receptionist, who will be paid $15.00 per hour and work 30 hours per week Other Costs 0 Rent: $750 per month; allocate based on square footage o Hightensile strength nylon webbing$12 per yard of webbing o 3 collars per yard of webbing o 2 leashes per yard of webbing o 2 harnesses per yard of webbing o Polyesterylon ribbonsS9 per yard of ribbon o 3 collars per yard of ribbon o 2 leashes per yard of ribbon o 2 harnesses per yard of ribbon o Buckles made of cast hardware$0.50 per buckle o 4 buckles used per collar 0 3 buckles used per leash o 8 buckles used per harness 3 industrial sewing machines at $3,300 each for a total of $9,900; depreciation is $165 per month (5 year life, zero salvage value) Utilities and insurance: $600 per month; allocate based on square footage Scissors, thread, cording: $1,200 Price tags: $250 for 2,500 ($0.10 each) Office supplies: $2,400 or $200 per month Other business equipment: $2,000 Loan payment of $550 per month Salary drawn of $500 per month

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