Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The Acropolis Corporation has developed a product line of Flux Capacitors that it markets to a small exclusive customer base. The data below outlines this
The Acropolis Corporation has developed a product line of Flux Capacitors that it markets to a small exclusive customer base. The data below outlines this year's financial performance of the product line. Calculate the Product Profit Margin for the Apollo product. Product Zeus Athena Apollo Hermes Minerva All Products Unit Unit Annual Standard List Annual Continuing Cost Price Promotion Engineering $ 100.00 $ 140.00 $ $ 14,090 $ 115.00$ 220.00 $ $ 11,740 $ 225.00 $ 300.00 $ 4,000 $ 30,530 $ 250.00 $ 390.00 $ 8,400 $ 25,840 $ 300.00 $ 480.00 $ 16,800 $ 16,440 $ 58,400 $ 136,240 Total $ 87,600 $ 234,880 Customer Beta Delta Total Product Zeus Athena Apollo Hermes Minerva Alpha Unit Units Price Bought Paid 420 $ 140.00 350 $ 220.00 288 $ 300.00 240 $ 390.00 200 $ 480.00 Units Bought 8401 $ 7000 $ 576 $ 480 $ 4000 $ Unit Price Paid 140.00 202.00 270.00 342.00 410.00 Gamma Unit Units Price Bought Paid 1260 $ 130.00 1050 $ 212.00 864 $ 290.00 720 $ 372.00 600 $ 460.00 Units Bought 1680 $ 14000 $ 1152 $ 960 $ 800 $ Unit Price Paid 126.00 198.00 270.00 351.00 432.00 Units Bought Revenue 42001 $ 551,880 3500 $ 718,200 2880 $ 803,520 2400 $ 862,560 2000 $ 881,600 Product Related Activity Cost Annual Technical Support Costs $ 93,950 Annual Shipping Costs $ 140,930
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