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Scenario 5 Media Wise sells a range of media products in package deals. The products sold within bundles are as follows. TV Stand Speaker Selling

Scenario 5

Media Wise sells a range of media products in package deals. The products sold within bundles are as follows.

TV

Stand

Speaker

Selling Price ()

400

50

40

Variable Cost ()

250

30

25

Package A consists of a TV and a stand and is sold for a discounted price of 420. Package B consists of a TV, a stand and two speakers and is sold for a discounted price of 480. Currently packages are sold in a ratio of 2 Package As for every 3 Package Bs and 600 packages are sold each month. Fixed costs are expected to be 82,000 for the month.

Question 5

Calculate the number of packages which need to be sold in order to achieve a profit of 15,000 in the month assuming the sales mix remains unchanged.

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