Determine the production and sale of a new product, Marketing Management

+44 141 628 6080
[email protected]

Determine the production and sale of a new product

Assignment:

Ponce company is concidering the production and sale of a new product with a fixed cost of $27000 and a variable cost of$5 per unit. Based on the normal profit margins ponse desires to earn $33000 profit, and beleives he can sell 6000 units of the product.

a. based on the information determine the target sales price

b. explain how prestige pricing could be used to increase profitability Please work it out.

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Marketing Management: Determine the production and sale of a new product

Reference No:- TGS02128056

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

When market orientation of industry occurs

Question: Market orientation of industry occurs when Question options: transportation charges for finished products are high.

What the basis of lyndons partnership interest is

Lady Bird contributed land ($105,000 A/B; $240,000 FMV). Immediately after the formation, the basis of Lyndon's partnership interest is

Find out the minimum transfer price

The Wood Division of Swifty Corporation manufactures rubber moldings and sells the product externally for $52. Its unit variable cost is $36

What is the total direct labor consumed by all products

In the Seligram Industries case Next, look at Exhibit 3 and try to relate it to Detroit Lofts in Module 2 or the opening roommate example

How much were eagle crests dividend declarations

How much were Eagle Crest's dividend declarations during its recent year of operation? Multiple Choice

What is the accounting transaction

What is the accounting transaction that should be entered for this sale? Group of answer choices

Problem regarding the debit or credit balance

You are looking at your last year's financial statements and see that your 'cost of goods sold' account has a balance of $1,000.

Request for Solution File

Ask an Expert for Answer!!

Marketing Management: Determine the production and sale of a new product

Reference No:- TGS02128056

Have a Question? (oR Write a Review)

Recent Questions Asked Marketing Management

Q : Internal development of a new business subsidiary

Q : What are the portal five forces

Q : Discuss the digital technologies revolutionized

Q : What does a population focus take in terms of planning

Q : Determine the production and sale of a new product

Q : Compare the privacy policies of google and facebook

Q : What is target marketing and why is it important

Q : Describe the importance of marketing principles and concepts

Q : How quantitative research can be used in decision making