1. 2. Breakeven=Total Fixed Expenses/Weighted Average Selling Price-Weighted Average Variable Expenses Using Suggested Retail Prices: Weight Average Selling price= (2.99x50%)+(6.95X16%)+(14.95x12%)+(5.95x10%)+(2.95x7%)+(8.95x1%)+(24.95x1%)+(39.95x1%)+(59.95x1%)+(19.50X1%) =1.495+1.112+1.794+.595+.2065+.0895+.2495+.3995+.5995+.195 =$6.7355 Weighted Average Variable Expenses= (1.16x50%)+(2.35X16%)+(4.78x12%)+(2.5x10%)+(.97x7%)+(2.95x1%)+(9.05x1%)+(11.02x1%)+(23.06x1%)+(7.42X1%) =.58+.376+.5736+.25+
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revolutionary spicy chocolate recipe‚ Marilyn Lysohir and Ross Coates have been striving to grow a profitable business in the chocolate industry. Each year Marilyn has loaned the company money to keep it running. Cowgirl Chocolates‚ primarily run by Marilyn‚ with help from family and art associates is branded based on the concept that chocolate lovers are fun and adventuress in spirit and whimsical. Cowgirl chocolates caters to both Chocolate lovers and spicy food fans. Cowgirl chocolates are manufactured
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Introduction Cowgirl Chocolates was started in 1997 by Marilyn Lysohir and her husband‚ Ross Coates. Marilyn and Ross are artists and devote much of their time to their artistic endeavors. Marilyn is a ceramicist and lecturer who is internationally known and has a successful ceramic art business. Ross is a sculptor and a professor of fine arts at a nearby University. As a labor of love‚ Marilyn and Ross began publishing a once-a-year arts magazine called High Ground. More a multimedia product than a
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TOTAL PRODUCT CURVE: A curve that graphically represents the relation between total production by a firm in the short run and the quantity of a variable input added to a fixed input. When constructing this curve‚ it is assumed that total product changes from changes in the quantity of a variable input (like labor)‚ while other inputs (like capital) are fixed. This is one of three key product curves used in the analysis of short-run production. The other two are marginal product curve and average
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In the background to supply‚ we notice about the terms "total product"‚ "marginal product" and "average product". These three figures are the foundation upon which the analysis of short-run production for a firm is analyzed. Total product is the total quantity of output produced by a firm for a given quantity of inputs. The usual framework is to analyze total product when in a variable input (labor) changes‚ for a given amount of a fixed input (capital). Diagram 1 In diagram 1‚ as the curve shows
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might help.” While others stared in disgust. It’s hard to wear cloaks of shame‚ wear battle wounds every day‚ taught to hate the flesh I live in‚ and fight the greatest battles- the ones I fight inside. “You’re a mistake‚ just look in the mirror.” “Cowgirl!” “Who can ever like someone like you.” I can never cure myself‚ of my pain because this disease lies beneath. It’s more than what’s on the surface. My skin just
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Total‚ average‚ and marginal product Total Product Curve The total product (or total physical product) of a variable factor of production identifies what outputs are possible using various levels of the variable input. This can be displayed in either a chart that lists the output level corresponding to various levels of input‚ or a graph that summarizes the data into a “total product curve”. The diagram shows a typical total product curve. In this example‚ output increases as more inputs
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suggested retail price and wholesale prices of Cowgirl Chocolates products are displayed in Exhibit 2 (p. 491) along with the product and packaging costs. Based on this information‚ discuss the relative merits of using a cost-based‚ demand-based‚ or competition-based pricing method. COST-BASED PRICING: This procedure‚ on the part of Cowgirl Chocolates could be utilized for pricing through lowering the cost of packaging and advertising as well. The Cowgirl Chocolate has already created a website (http://www
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In Action 1- To what user Information does facebook retain the rights? Facebook retain the right to keep all user information. And use it in order to provide services and goods “We store data for as long as it is necessary to provide products
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Day Chocolate case analysis Programme: E&BE ---- Marketing Group number 12-03 Group members: Table of content I. Introduction II. Answers to 5 questions Q 1: consumer segment Q 2: factors make Day Chocolate a strong brand --- a. consumer equity --- b. marketing mix (4P) --- c. competitive advantage --- d. S&W in SWOT analysis Q 3: future market --- a. O&T in SWOT analysis --- b. market trends of chocolate industry Q 4: what to do next
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