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Please see attached. All requirements are in the attachment. Instructions Review the following memorandum and provide a response to the information requested. DATE: September 12th
Please see attached. All requirements are in the attachment.
Instructions Review the following memorandum and provide a response to the information requested. DATE: September 12th FROM: Senior Consultant TO: Consulting Team RE: Projections for Upcoming Year A smaller 2-year old emerging venture is set to enter a new segment of its original target market, with a modified version of very popular product already being sold by about a half dozen suppliers in that space. The detailed marketing research produced the revenue model: 3464.5Q -0.07874Q2 Her targeted price seems to be around $3,200 +/- (she hopes, subject to many factors). We've helped her develop an overhead/operations budget for next year at $965,000. Her labor + materials + related direct cost of production are modeled as: $2,566.59Q + .0811Q2. Get some analysis completed in time for our meeting with her and hear advisory team before September 14th. We examined a range of possible annual production runs between 400 and 4,000 units manufactured and sold. Answer following questions, using Excel. 1. Total cost function and graph 2. Marginal profit and graph 3. Gross profit, gross margin at your recommended output, Price, and VC/unitStep by Step Solution
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