Highlight T StrikethroughCalculatorScratch PadPillar Co makes decorative candles which are made from a special organic blend ofbeeswax, botanical wax and scented oils. Currently Pillar Co only sells its candles inits domestic market.The company has collected the data relating to sales of its 90 gram Honey Beecandle, which is very popular in Pillar Co's home country of Zedland. This pricinganalysis is as follows:Variable cost per unitPrice per unit($)5Quantity sold('000 units)Fixed cost per unit100($)2.002.00($)4.006964.17922.004.35882.004.552.004.768480102.005.00Pillar Co is reviewing its pricing strategies and has decided to use the informationrelating to the Honey Bee candle to assess some of the company's possible pricingdecisions.789Time Remaining 02:11:4121 of 34Close All P Flag for ReviewAfter the pricing analysis was complete, Pillar Co decided to apply a pricing strategy of variable costPLUS 400% for the Honey Bee candle.What profit will it earn as a result of this pricing strategy (to the nearest $'000)?,000

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T Strikethrough Calculator Scratch Pad Pillar Co makes decorative candies which are made from a special organic blend of beeswax, botanical wax and scented oils. Currently Pillar Co only sells its candles in its domestic market. The company has collected the data relating to sales of its 90 gram Honey Bee candle, which is very popular in Pillar Co's home country of Zedland. This pricing analysis is as follows: Price per unit Quantity sold ('000 units) Variable cost per unit (5) Fixed cost per unit 5 100 (5) 2.00 2.00 (5) 4.00 96 4.17 92 2.00 4.35 88 2.00 4.55 84 2.00 4.76 10 80 2.00 5.00 Pillar Co is reviewing its pricing strategies and has decided to use the information relating to the Honey Bee candle to assess some of the company's possible pricing decisions. 6 7 8 9 021534 Close All P Bag for Review After the pricing analysis was complete, Pillar Co decided to apply a pricing strategy of variable cost PLUS 400% for the Honey Bee candle. What profit will it earn as a result of this pricing strategy (to the nearest 5'000)? S 000

T Strikethrough Calculator Scratch Pad Pillar Co makes decorative candies which are made from a special organic blend of beeswax, botanical wax and scented oils. Currently Pillar Co only sells its candles in its domestic market. The company has collected the data relating to sales of its 90 gram Honey Bee candle, which is very popular in Pillar Co's home country of Zedland. This pricing analysis is as follows: Price per unit Quantity sold ('000 units) Variable cost per unit (5) Fixed cost per unit 5 100 (5) 2.00 2.00 (5) 4.00 96 4.17 92 2.00 4.35 88 2.00 4.55 84 2.00 4.76 10 80 2.00 5.00 Pillar Co is reviewing its pricing strategies and has decided to use the information relating to the Honey Bee candle to assess some of the company's possible pricing decisions. 6 7 8 9 021534 Close All P Bag for Review After the pricing analysis was complete, Pillar Co decided to apply a pricing strategy of variable cost PLUS 400% for the Honey Bee candle. What profit will it earn as a result of this pricing strategy (to the nearest 5'000)? S 000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Sales Territory and Salesperson Profitability Analysis Havasu Off-Road Inc. manufactures and sells a variety of commercial vehicles in the Northeast and Southwest regions. There are two salespersons assigned to each territory. Higher commission rates go to the most experienced salespersons. The following sales statistics are available for each salesperson: Average per unit: Sales price Variable cost of goods sold Commission rate Units sold Manufacturing margin ratio Contribution margin ratio Rene % Steve % Northeast Rene Colleen Steve % $15,500 $16,000 $14,000 $18,000 $9,300 $8,000 $8,400 $9,000 8% 12% 10% 36 40% $ 24 50% a. 1. Prepare a contribution margin by salesperson report. Compute the contribution margin ratio for each salesperson. Havasu Off-Road Inc. Contribution Margin by Salesperson Paul Southwest Colleen % Paul 40 40% 8% 60 50%
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Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is fencing used on downhill courses. The fence product comes in 150-foot rolls and sells for $210 per roll. However, RSR offers quantity discounts. The following table shows the price per roll depending on order size: Quantity Ordered From To Price per Roll 1 75 $210 76 125 $185 126 225 $170 226 and up $145 The file RSR contains 172 orders that have arrived for the coming six weeks. (e) Use the VLOOKUP function with the preceding pricing table to determine the total revenue (in dollars) from these orders. $ (b) Use the COUNTIF function to determine the number of orders in each price bin. Quantity Ordered From To Price per Roll Number of Orders 3 75 $210 76 125 $185 126 225 $170 226 and up $145
Calculator Scratch Pad Pillar Co makes decorative candles which are made from a special organic blend of beeswax, botanical wax and scented oils. Currently Pillar Co only sells its candles in its domestic market. The company has collected the data relating to sales of its 90 gram Honey Bee candle, which is very popular in Pillar Co's home country of Zedland. This pricing analysis is as follows: Variable cost per unit Price per unit ($) 5 Quantity sold ('000 units) 100 ($) 2.00 2.00 Fixed cost per unit ($) 4.00 4.17 6 96 92 2.00 4.35 88 2.00 4.55 2.00 4.76 84 80 10 2.00 5.00 Pillar Co is reviewing its pricing strategies and has decided to use the information relating to the Honey Bee candle to assess some of the company's possible pricing decisions. 7 8 9 Time Remaining 02:28:50 Close All P Elag for Review 25 of 34 Pillar Co has developed a new product called the Bluebell candle, which has a variable cost of $3.00 per unit. If the company spends $20,000 on an advertising campaign its…