Question
Saanich Recreation and Parks wants to entice Camosun students to use Saanich's recreation facilities. Saanich Recreation and Parks decides to offer bundled products to the
Saanich Recreation and Parks wants to entice Camosun students to use Saanich's recreation facilities. Saanich Recreation and Parks decides to offer bundled products to the students and will bundle two or more of the recreation activities as a single package. Managers at Saanich Recreation and Parks are keenly interested in individual product-profitability figures. Information pertaining to its three bundled products and the stand-alone prices of its individual products is as follows:
Stand-Alone Selling Prices
Package
| One pass for swimming sessions at Commonwealth Pool | One pass for a number of visits to the Saanich Gym at Commonwealth Centre | One pass for a number of drop-in yoga classes at Commonwealth Centre | Packaged
Price
|
Package 1 | $25 | $30 | N/A | $44 |
Package 2 | $25 | N/A | $45 | $56 |
Package 3 | $25 | $30 | $45 | $76 |
Required: In the space provided below or on the provided Excel spreadsheet, answer the following multi-choice questions using information provided.
(6 marks for showing correct calculation in space provided in this answer. 1 marks for each correct multi-choice answer = total 9 marks).
Question 28 options:
Paragraph
Lato (Recommended) 19px (Default)
| ||
|
Question 29 (1 point)
Listen
Assume the swimming session pass is the primary product, followed by the gym visit pass and yoga class pass. Using the stand-alone method, calculate the allocation of the packaged price for the swimming session pass in Package 1, using selling prices as the base. (3 marks 1 mark for correct multi-choice answer and 2 marks for showing work)
Question 29 options:
$35.00 | |
$14.00 | |
$20.00 | |
$25.00 | |
$30.00 | |
None of the other answers |
Question 30 (1 point)
Listen
Assume the swimming session pass is the primary product, followed by the gym visit pass and yoga class pass. Using the stand-alone method, calculate the allocation of the packaged price for the swimming session pass in Package 3, using selling prices as the base. (3 marks 1 mark for correct multi-choice answer and 2 marks for showing work).
Question 30 options:
$34.20 | |
$19.00 | |
None of the other answers | |
$25.00 | |
$30.00 | |
$22.80 |
Question 31 (1 point)
Listen
Using the Shapley method, calculate the revenue allocation for the swimming session pass in Package 1. (3 marks 1 mark for correct multi-choice answer and 2 marks for showing work).
Question 31 options:
$24.00 | |
$19.50 | |
None of the other answers | |
$14.00 | |
$25.00 | |
$20.00 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started