Aling Minda is operating a buy and sell business, she sells broomsticks (walis tingting) in her stall at a local market. She gets her broomsticks from a local supplier for 25 pesos each. She then adds 50 percent mark-up on each broomstick. Every day, aling Minda can sell 30 broomsticks a day. Use the template below and fill in the necessary figures based on the scenario. Remember to use the factors to consider in projecting revenues and refer to tables 1, 2 and 3 as your guide. Table 1 Projected Daily Revenue Name of Business, Projected Projected Cost Volume Mark-up Selling Revenue per (D) Price (E) Merchandise/ Unit Average No. (B) (C) Products (A) of Items Sold (Daily) (Daily) (B)= (A x (A) (C)= (A+B) (D) (E) =(C x D) .50) Total
Aling Minda is operating a buy and sell business, she sells broomsticks (walis tingting) in her stall at a local market. She gets her broomsticks from a local supplier for 25 pesos each. She then adds 50 percent mark-up on each broomstick. Every day, aling Minda can sell 30 broomsticks a day. Use the template below and fill in the necessary figures based on the scenario. Remember to use the factors to consider in projecting revenues and refer to tables 1, 2 and 3 as your guide. Table 1 Projected Daily Revenue Name of Business, Projected Projected Cost Volume Mark-up Selling Revenue per (D) Price (E) Merchandise/ Unit Average No. (B) (C) Products (A) of Items Sold (Daily) (Daily) (B)= (A x (A) (C)= (A+B) (D) (E) =(C x D) .50) Total
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Transcribed Image Text:Aling Minda is operating a buy and sell business, she sells broomsticks (walis
tingting) in her stall at a local market. She gets her broomsticks from a local supplier
for 25 pesos each. She then adds 50 percent mark-up on each broomstick. Every day,
aling Minda can sell 30 broomsticks a day.
Use the template below and fill in the necessary figures based on the
scenario. Remember to use the factors to consider in projecting revenues and refer to
tables 1, 2 and 3 as your guide.
Table 1
Projected Daily Revenue
Name of Business
Projected
Projected
Cost
Volume
Mark-up
Selling
Revenue
per
(D)
_%
Price
(E)
Merchandise/
Unit
Average No.
(B)
(C)
Products
(A)
of Items
(Daily)
Sold (Daily)
(B)= (A x
(A)
(C)= (A+B)
(D)
(E) =(C x D)
.50)
Total
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