Question
VegaPro plans to test Market a new line of 6 oz frozen yogurt non-dairy yogurt cups in three flavors to be branded the VegaYo! Frozen
VegaPro plans to test Market a new line of 6 oz frozen yogurt non-dairy yogurt cups in three flavors to be branded the VegaYo! Frozen Bar. They have calculated the cost projected sales for each. The vanilla cost per unit is $0.85 with projected sales of 20,000 units. The lemon cost per unit is $0.95 with projected sales of 15,000 units. The strawberry cost per unit is $1.05 with projected sales of 18,000 units. Each bar will retail at the same price. Using the average cost pricing and a 40% markup, what will be the price of the VegaYo! Frozen Bar at the retail level?
VegaPro plans to test market a new line of 6-oz vegan frozen non-dairy "yogurt" cups in three flavors to be branded the Vega Yo! Frozen Bar. They have calculated the cost and projected sales for each. The vanilla cost per unit is.85 with projected sales of 20,000 units. The lemon cost per unit is.95 with projected sales of 15,000 units. The strawberry cost per unit is 1.05 with projected sales of 18,000 units. Each bar will retail at the same price. Using the average cost pricing and a 40% markup, what will be the price of the VegaYo! Frozen Bar at the retail level? (10 pts)Step by Step Solution
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