Question

pls help wirh parts c, d, e, f, g, h and with monthly revenue!

in a time crunch! pls show all the work without excel! i'll be sure to thumbs up thank you in advance!!:)

mes New... 14 v AA Аа у PO I U ab X X ALA Paragraph Styles Dicta 1. You own a Jeans manufacturing business. A) Assume the following: Number of consumers in the market: 1,720,300 Average number of jeans purchased per Consumers per year Company's estimate share of the total market 8 % SOLVE FOR THE FOLLOWING: 3 Total annual market demand: 1720300*3 - 5160900 Estimated annual company demand 5160900".08 = 412872 Estimated monthly company demand 412872/12-34406 Estimated weekly demand 412872/52 = 7939.85 B) Given the following for your business: Annual Expenses: Salaries $725,000 Supplies $2,691,864 Insurance $50,000 Misc. Supplies S1,153,656 Depreciation $100,000 Advertising $500,000 Rent $550,000 Hourly Labor $3,845,520 Total Var. Costs: 7691040 Total Fixed Costs: 1925000 Fixed Costs per unit: 1925000/412872-84.66 Variable Cost per unit: 7691040/412872 518.63 C. Calculate the selling price per pair of jeans if you must have a markup of 40% on the selling price. 18.63+4.66-23.29/1-40) 23.29/0.60 - $38.81

Answer 1

Note – As per our guidelines I can only answer first 4 parts out of the parts you have mentioned. Please find below answers of part c, d, e and f. Kindly post rest of the parts again.

c) Selling price per pair of jeans with markup on sales given

Selling price per pair of jeans = Cost price per unit / (1-Markup percentage on sales)

Cost price per unit = Fixed cost per unit + Variable cost per unit

= 4.66 + 18.63

= 23.29

Markup percentage on sales = 40% = 0.40

Selling price per pair of jeans = 23.29 / (1-0.40)

Selling price per pair of jeans = $38.82

d) Selling price per pair of jeans with markup on cost given

Selling price per pair of jeans = Cost price per unit x (1+Markup percentage on cost)

Cost price per unit = $23.29

Markup percentage on cost = 20% = 0.20

Selling price per pair of jeans = 23.29 x (1+0.20)

Selling price per pair of jeans = $27.95

e) Markup on selling price = (Markup / selling price) x 100

Here,

Selling price = $50

Markup = Selling price – cost price

= 50 – 23.29

= 26.71

Markup on selling price = (26.71 / 50) x 100

= 53.42%

f) Markup on cost = (Markup / cost price) x 100

= (26.71 / 23.29) x 100

= 114.68%