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PROBLEM 3- CosT-VOLUME-PROFIT ANALYSIS Stefanie has a small home business where she makes wind chimes and sells them farmer's market at a local Saturday She
PROBLEM 3- CosT-VOLUME-PROFIT ANALYSIS Stefanie has a small home business where she makes wind chimes and sells them farmer's market at a local Saturday She spends during the summer. Stefanie currently sells her wind chimes for $50 each approximately $t5 on the materials for each set of wind chimes. She pays a yearly fee of S space at the farmer's market. The yearly depreciation cost for her farmers' i 250. for her disolay How many wind chimes does Stefanie need to sell in 2019 to break even? wind chimes a. L How many wind chimes does Stefanie need to sell in 2019 to earn a profis of $28,000 b. wind chimes c. Stefanie's best guess is that she will sell 240 sets of wind chimes in 2019. If she's correct, what is Stefanie's expected 2019 profit d. Stefanie estimates that if she increases her selling price by 20t, she will sell tox fewer wind chimes What is Stefanie's expected profitif she icraes her selling price Does this analysis suggest that she should Increase her selling price? YES NO
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