• 100% Satisfaction Guarantee

getsetgo, MBA
Category: Homework
Satisfied Customers: 3486
Experience:  MBA from IIM Calcutta, Engineer, 8+ years of exp. at executive level
15962517
getsetgo is online now

# Big Star Condiments produces salsa consumed primarily in North

### Resolved Question:

Big Star Condiments produces salsa consumed primarily in North American restaurants. Given below is the projected income statement for the company for 2011.

Projected Income Statement (2011) Sales (100,000 cases at \$6.50 per case) \$650,000
Cost of goods sold:
Materials \$170,000
Labor \$205,000
Fixed manufacturing expenses \$40,000

Delivery \$25,000
Commissions \$40,000
Travel \$5,000
Fixed administrative and selling expenses \$12,000
Total costs \$507,000
Net income before taxes \$143,000

Create a report answering the following questions:

Complete the following table using a fully functional Microsoft Excel spreadsheet showing Marginal Revenue (MR), Marginal Cost (MC), Total Revenue (TR), Total Cost (TC), Total Variable Cost (TVC), Total Fixed Cost (TFC), and profits at all possible output levels.

Price Quantity Total Revenue Total Variable Cost Total Fixed Cost Total Cost Profit
\$8.00 65,000
\$7.75 75,000
\$7.50 80,000
\$7.25 90,000
\$7.00 100,000
\$6.75 115,000
\$6.50 120,000

Using Excel, prepare a graph showing the breakeven point and any profit or loss at the current price of \$6.50. Explain to the Big Star management the implications of this analysis.

What is the elasticity coefficient for each price between \$6.50 and \$7.50? Is the demand elastic or inelastic at these points?

On the basis of your calculations and the information above, what recommendations would you make to Big Star Condiments in terms of pricing and output levels?
Create your report in a 2- to 3-page Microsoft Word document.
Submitted: 4 years ago.
Category: Homework
Expert:  getsetgo replied 4 years ago.
Hello,
Thanks for requesting me. I did this question in past. If you would like to use that answer as model, I will upload it here.
Customer: replied 4 years ago.
I would like that. Thanks
Expert:  getsetgo replied 4 years ago.
Customer: replied 4 years ago.

Do you have the excel report to?

Expert:  getsetgo replied 4 years ago.

You need to spend \$3 to view this post. Add Funds to your account and buy credits.
getsetgo, MBA
Category: Homework
Satisfied Customers: 3486
Experience: MBA from IIM Calcutta, Engineer, 8+ years of exp. at executive level

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

### What Customers are Saying:

• Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Previous | Next >
• Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
• This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
• Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
• I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
• Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
• Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
• He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX

• ### LogicPro

#### Satisfied Customers:

4925
Expert in Java C++ C C# VB Javascript Design SQL HTML
< Last | Next >

### LogicPro

#### Satisfied Customers:

4925
Expert in Java C++ C C# VB Javascript Design SQL HTML

### Manal Elkhoshkhany

#### Satisfied Customers:

4538
More than 5000 online tutoring sessions.

### Linda_us

#### Satisfied Customers:

3138
Post Graduate Diploma in Management (MBA)

### Chris M.

#### Satisfied Customers:

2602
Master's Degree, strong math and writing skills, experience in one-on-one tutoring (college English)

### F. Naz

#### Satisfied Customers:

2126
Experience with chartered accountancy

### Bizhelp

#### Satisfied Customers:

1887
Bachelors Degree and CPA with Accounting work experience

### Seanna

#### Satisfied Customers:

1781
3,000+ satisfied customers, all topics, A+ work