Please show excel formula's so i know how you got the answer. Thank you!
G H CVP Modeling K M N Directions The rest of this progetto give you esperience Creating a multiproct petabit this. Your al will be to use Lace to perform the Business Description Are taking tsiness cases, and do we decided to start seineret spolsat trade shows. He has products Product 1. launch ate bathrower that will see $10 Product 2 Treatmen wito treates that are when the do place is powon the pedal the treated with for You have been hired by lake to be a CVP model that will help inderstand the impact of bus conditions on his apercome tee Starting File' worksheet in your model all the right be interese of the spreadsheetbex Atother calculations in the model will reference the one thout you will we FORMULA, rather tharumbers, it every other in the warhet FORMATII contions to those kur alls to the nearest whole Unit Use the create debutton on your other than the Rounding function - Show al MONETARYnts as dolors and cont Round to the westcent Soothe these da buttatharthas the rounin function Show at percentages not as demais not Rightstily all cell numbers should be to the right side of the not in the more Cottaheshired an imple to work the trade show boots The workers $1.000 per month has a corto 10% of revenue he will showed $500 per month trade show entry fees is in the products for sale Merco host threat times.cotech Sondhanding on the launchib will closing and hand the Treat which are hewier will cost sach The Shiping and handling costs will be paid by lake, the utomer 1. Complete the assumes (blue box based on the data about albums and Installables parately and feed costs separately before finding the total for each type el con Complete the Product Analystrellow boxingdonly with Product OR Product (Feat. Asume e spects to 200 taonhits and 106 Treat times during test month of operations Chanel Deck ME Product 210 DIVE Product 125 units Mole's facialisten opening income of $8.000 per month Hebel volume aware of month 91 Complete the profor CM income statent for the month of a free bu) NT: Os product line terents such as this the facts are only sted in the total com Make sure you the then this for others Chef Congreso 4 late the TOTAL brofused to break Alcohet breaker Humber of Chypogaduch needed to breve a caleate the acted with some for TACH pritard then there to be in to Check out / Product 1125 Prot 6.1 Si calculate the tomber end to achieve stage procinthecondo Take the umber of EACH Ype of proteeded to whether target pro il ca reve me with the volume for EACH Brut, und then the sea Check Product 3, 2396 o] Calcolate MOS singles sected salebo Colete the Merm of reserve and sepercar. Ahe calculate the current per te leverage factor fround the wested to determine the spected percentage change in concompetechnie Dock MOS Operatinglere 267 Business & Directions Starting file Gradin Ruhri CVP Modeling project The purpose of this project is to give you experience creating a multiproduct profitability analysis. Your goal will be to use Excel to perform the analysis. Business Description After taking business classes, Jake, an avid dog-lover, decided to start selling unique pet supplies at trade shows. He has two products: Product 1: "Launch-it"- a tennis ball thrower that will sell for $10. Product 2: "Treat-time"- an automatic treat dispenser that releases a treat when the dog places his paw on the pedal. The treat dispenser will sell for $30. Costs: Jake has hired an employee to work the trade show booths. The work contract is $1,000 per month plus a commission equal to 10% of revenue. Jake will also spend $500 per month on trade-show entry fees. Jake is purchasing the products from a supplier in Mexico. Launch-its cost $1 each; Treat-times cost $7 each. Shipping and handling on the Launch-its will cost $2 each; Shipping and handling on the Treat-times, which are heavier, will cost $8 each. The shipping and handling costs will be paid by Jake, not the customer. Assume Jake expects to sell 200 Launch-its and 100 Treat-times during his first month of operations (June). Jake's financial goal is to earn an operating income of $8,000 per month. He believes volume may grow at a rate of 5% a month. Directions You have been hired by Jake to build a CVP model that will help him understand the impact of business conditions or his operating income. (See "Starting File" worksheet.) In your model, all of the original assumptions will be listed one area of the spreadsheet (blue box). All other calculations in the model wil reference the assumptions. To accomplish this goal, you will use FORMULAs, rather than numbers, in every other cell in the worksheet. FORMATTING conventions to use throughout project: - Round all UNITS to the nearest whole unit. Use the "decrease decimals" button on your tool bar rather than the Rounding function - Show all MONETARY amounts as dollars and cents. Round to the nearest cent. (Sx.xx). Use the "decrease decimals" button rather than the rounding function. - Show all percentages as %, not as decimals. (x%, not xx) - Right justify all cells (numbers should be to the right side of the cell, not in the middle or left) 1) Complete the assumptions (blue box) based on the data about Jake's business. Identify and list all variable costs separately and all fixed costs separately before finding the total for each type of cost. 2) Complete the Product Analysis (yellow boxes) assuming Jake only sells either Product #1 (Launch-ts) OR Product #2 (Treat-times). Check figures: B/E Product #1 = 250 units; B/E Product #2= 125 units 3) Complete the pro forma CM Income Statement for the month of June (green box). HINT: On product line income statements such as this, the fixed costs are only listed in the total column. Make sure you also show the totals for al other line items. Check figure: Operating income = $900 4) Calculate the TOTAL number of units needed to breakeven (TOTAL column in the first gray box). THEN, calculate the number of EACH type of product needed to breakeven. Finally, calculate the sales revenue associated with this volume for EACH product, and then the sales revenue to breakeven in total. Check figures: B/E Product #1 = 125; B/E Product #2= 63 5) Calculate the total number of units needed to achieve lake's target profit (TOTAL column in the second gray box). THEN, calculate the number of EACH type of product needed to achieve the target profit. Finally, calculate sales revenue associated with this volume for EACH product, and then the sales revenue in total. Check figures: B/E Product #1 =792; B/E Product #2= 396 6) Calculate the MOS using lune sales as the expected sales (purple box). Calculate the MOS in terms of sales revenue and as a percentage. Also calculate the current operating leverage factor (round to the nearest 2 decimal
