{"id":51298,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/stoves"},"modified":"2017-08-16T12:34:24","modified_gmt":"2017-08-16T12:34:24","slug":"stoves","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/stoves\/","title":{"rendered":"Stoves"},"content":{"rendered":"

Packer Stoves Inc. is designing a commercial style stove for residential use. The team developing the specifications, cost, and pricing decisions includes: production, accounting, engineering and marketing.<\/p>\n

The stove includes a warming drawer, broiler unit, and high BTU burner. With these special features, Packer Stoves Inc. believes it can sell the stoves for $4,700. Packer Stoves Inc. desires to earn a 25% profit on each stove. Variable costs are $2,900 per stove and fixed costs are $1,800,000.<\/p>\n

Download the attachment and use it to present your calculations and answers to the questions below:<\/p>\n

    \n
  1. Using cost+ pricing calculate the price, given the cost and profit information.<\/li>\n
  2. Calculate the Target cost per stove. How many stoves must Packer Inc. sell to meet the target cost?<\/li>\n
  3. If Packer decides only 2000 stoves can be sold at $4,700 and, therefore, decides to eliminate the broiler unit thereby saving $650 per stove. With this feature dropped it is estimated that 2,600 units can be sold for $4,000. Will Packer be able to produce the stove at the new target cost?<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    Packer Stoves Inc. is designing a commercial style stove for residential use. The team developing the specifications, cost, and pricing decisions includes: production, accounting, engineering and marketing. The stove includes a warming drawer, broiler unit, and high BTU burner. With Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-51298","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/51298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=51298"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/51298\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=51298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=51298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=51298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}