Use information from Milestone One and the provided Milestone Two Market Research Data Appendix Word Document to conduct
Posted: Tue Nov 16, 2021 8:45 am
Use information from Milestone One and the provided Milestone
Two Market Research Data Appendix Word Document to conduct a
cost-volume profit analysis. Complete the “Contribution Margin
Analysis” and “Break-Even Analysis” tabs in the Project Workbook
Spreadsheet that you used for completing the Milestone One
assignment.
Specifically, you must address the following rubric
criteria:
Milestone 2 Market Research Data
You have conducted some market
research for style and size of products you want to use to launch
your business. The market research has indicated the following
sales price ranges will be optimal for your area depending on style
of products you choose to sell:
Additionally, you will need to compare
your break-even points for the following target profits for each
area of your business to determine your prices:
Milesstone 1
ACC 202 Milestone One: Operational Costs Data Appendix
You plan to open a small business for
manufacturing pet collars, leashes, and harnesses. You have found a
workshop space you can use for sewing your products. After some
research and planning, you have estimates for the various operating
costs for your business.
The total square footage for the
sewing rooms is 1,500 square feet broken into three areas (500
square feet each). You have taken out a loan for start-up costs,
and the monthly payment is $550; it goes into effect immediately
and should be accounted for in your costs. You will also collect a
modest salary for the first year of $500 per month; remember to
divide evenly among the services.
Salary and Hiring Data
Other Costs
Two Market Research Data Appendix Word Document to conduct a
cost-volume profit analysis. Complete the “Contribution Margin
Analysis” and “Break-Even Analysis” tabs in the Project Workbook
Spreadsheet that you used for completing the Milestone One
assignment.
Specifically, you must address the following rubric
criteria:
Milestone 2 Market Research Data
You have conducted some market
research for style and size of products you want to use to launch
your business. The market research has indicated the following
sales price ranges will be optimal for your area depending on style
of products you choose to sell:
Additionally, you will need to compare
your break-even points for the following target profits for each
area of your business to determine your prices:
Milesstone 1
ACC 202 Milestone One: Operational Costs Data Appendix
You plan to open a small business for
manufacturing pet collars, leashes, and harnesses. You have found a
workshop space you can use for sewing your products. After some
research and planning, you have estimates for the various operating
costs for your business.
The total square footage for the
sewing rooms is 1,500 square feet broken into three areas (500
square feet each). You have taken out a loan for start-up costs,
and the monthly payment is $550; it goes into effect immediately
and should be accounted for in your costs. You will also collect a
modest salary for the first year of $500 per month; remember to
divide evenly among the services.
Salary and Hiring Data
Other Costs