Question
XYZ, inc. makes and sells bicycle parts. Last year XYZ sold 5,900 handlebars, generating sales of $100,000. This year they are considering a new pricing
XYZ, inc. makes and sells bicycle parts. Last year XYZ sold 5,900 handlebars, generating sales of $100,000. This year they are considering a new pricing strategy with a target profit goal of $17,000. They determined that for every $2 increase to the selling price, a 200 decrease in unit sales was expected. Their total costs were $110,000 with fixed costs accounting for $62,000. This year, XYZ, inc. is considering changing the selling price to $26.
What is XYZ's average selling price per handlebar?
The total of all category sales for all electronic stores in Smallville is $183,000 per month. These sales are split between three stores. Andy's accounts for $46,000 worth of sales, and the remaining sales are divided evenly between Wired and Cost-Plus. TYPO introduces a new wireless keyboard into the market and is stocked by Andy's and Wired, but not by Cost-Plus.
What are total sales for Wired per month?
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