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

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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