subject
Business, 07.03.2020 05:16 simmonss1185

Gracie Glynn has just become a product manager for Whoyser Products, Inc. and in charge of their new low cost pencil sharpener: the sharpener, will have a retail price of $1.00. Retail margins on the sharpener are 33% and wholesalers take a 12% marginWhoyser and its sharpener competitors sell a total of 20 million unit annuallyWhoyser has a 24% unit market share of the marketWhoyser variable manufacturing costs for its sharpener are $0.09/unit. Fixed manufacturing costs are $900,000The advertising budget for the Whoyser sharpener is $500,000. Manager salary and expenses total $35,000Whoyser salespeople are paid entirely by a 10% variable commission on Whoyser sales revenue. Shipping costs, breakage, etc. amount to $0.02 per unit.1. What is the unit contribution for the Whoyser sharpener? 2. What is the Whoyser sharpener's Break Even point? 3. What unit market share does Whoyser need to break even?4. What is Whoyser's profit impact at its current unit market share?5. Industry demand is projected to increase to 23 million units next year. Gracie is considering raising her advertising expenditures to $1,000,000. If the advertising budget is raised, how many units will Whoyser have to sell to break even?6. How many units will Whoyser have to sell in order for it to achieve the same profit impact as it did this year? What will its market share have to be in order for its profit impact to be the same as this year?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 02:20
Archangel manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on a percentage of direct labor costs. the production details for the year are given below. calculate the manufacturing overhead allocation rate for the year based on the above data. (round your final answer to two decimal places.) a) 42.42% b) 257.14% c) 235.71% d) 1, 206.90% archangel production details.
Answers: 3
question
Business, 22.06.2019 02:50
Wren pork company uses the value basis of allocating joint costs in its production of pork products. relevant information for the current period follows: product pounds price/lb. loin chops 3,000 $ 5.00 ground 10,000 2.00 ribs 4,000 4.75 bacon 6,000 3.50 the total joint cost for the current period was $43,000. how much of this cost should wren pork allocate to loin chops?
Answers: 1
question
Business, 22.06.2019 06:10
Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) wacc %
Answers: 2
question
Business, 22.06.2019 09:00
Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.
Answers: 1
You know the right answer?
Gracie Glynn has just become a product manager for Whoyser Products, Inc. and in charge of their new...
Questions
question
Mathematics, 02.08.2019 11:00
question
Mathematics, 02.08.2019 11:00
Questions on the website: 13722367