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Questions 1 and 3. Must show work Dennis is the brand manager for Farmer Bob Foods, Inc. and he is finalizing plans to launch a

image text in transcribed Questions 1 and 3. Must show work
Dennis is the brand manager for Farmer Bob Foods, Inc. and he is finalizing plans to launch a new "sriracha & maple" version of the company's 1# bacon in a 24 count case. Dennis has decided that the sheif price (MSRP) for the product will be $6.25 per unit ($150/case). The structure of margins in the grocery industry is such that wholesalers earn a margin of 20 percent on sales to retailers and retailers earn a margin of 30 percent on the retail price in the bacon category. Farmer Bob Foods has a policy that requires all products to earn a 40% margin on the price to wholesalers. What is the cost per case and per unit to retailers? What is the cost per case and per unit to wholesalers? If 100,000 cases of the product are sold, what will be Farmer Bob Food's: total sales revenue? total profit? Do Problem (Studio Recordings, Inc.) from the end-of chapter p distributed as follows: a = 5 pts, b = 8 pts, c = 7 pts, The following data pertain to costs and revenue estimates for a proposed line extension (Extensia) by Michigan Electronics, Inc Compute the following for Michigan Electronics, Inc (ME y Extensia: retail price of Extensia contribution per unit earned by Michigan Electronics Michigan Electronics' contribution margin Michigan Electronics' breakeven volume in units Michigan Electronics' breakeven volume in dollars Michigan Electronics' total contribution at the forecasted level of sales Michigan Electronics' breakeven share of market, I e. market share the company will obtain at its breakeven point

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