Marketing principles break-even assignment often a firm

Assignment Help Marketing Management

Reference no: EM13375659

MARKETING PRINCIPLES: Break-even Assignment Often a firm will calculate the break-even point for a price. That is, if we set the price at $X, then how many units will we need to sell to cover costs (that is, our break-even point). Work through the following data and questions to gain a better understanding of this approach.

QUESTIONS

1. Start by completing the above table under the assumption that the product will be sold for $30. (It will be easiest to use Excel to complete the table.) How many units need to be sold to break-even at a product price of $30?

2. Now recalculate the table under the assumption that the product will be sold for $15. How many units need to be sold to break-even at a product price of $15?

3. What do you think you would set first: the sales target or the price? Why?

No. of Units Allocated Fixed Costs Variable Cost/Unit Total Production Cost Average Unit Cost Unit Price Total Sales Revenue Gross Profit

500 $10,000 $10 $30 1,000 $10,000 $10 1,500 $10,000 $10 2,000 $10,000 $10 2,500 $10,000 $10

Reference no: EM13375659

Questions Cloud

Case study - nataliebackgroundnatalie is a single parent : case study - nataliebackgroundnatalie is a single parent. she is returning to the workforce after a period looking

Andrew and stephanie wilson are a young couple about to buy : andrew and stephanie wilson are a young couple about to buy their first home. they have beennbspmarried for five years

Sales tracking and customer relations analysesaimsto : sales tracking and customer relations analysesaimsto analyse a set of data in microsoft excel and write a brief report

Week 3- must show work to get full points on equation : week 3- must show work to get full points on equation problems1.nbspwhich of the following describes the primary

Marketing principles break-even assignment often a firm : marketing principles break-even assignment often a firm will calculate the break-even point for a price. that is if we

Imperialism became a leading but controversial topic during : imperialism became a leading but controversial topic during this time period. outline the argument both for and against

1 construct a numerical example to show that as marginal : 1. construct a numerical example to show that as marginal product mp rises marginal cost mc falls. explain your answer

To use linear programming for solving the following : to use linear programming for solving the following inequalities.following twin conditions as mandated by the indian

Write matlab scripts for the followinga to accept two : write matlab scripts for the followinga. to accept two numbers from the user display all prime numbers between these

User Account

All Pages