MBA-5010gillance2-1
.docx
keyboard_arrow_up
School
Capella University *
*We aren’t endorsed by this school
Course
MBA FPX 50
Subject
Business
Date
May 16, 2024
Type
docx
Pages
4
Uploaded by MagistrateStrawEchidna154 on coursehero.com
Product Pricing Recommendation
Capella University
MBA-FPX5010 - Accounting Methods for Leaders
Lance Gil
May 2024
Executive Summary
The Acme Pickle Company distributes pickles under the Florida’s Best brand for over 8 years now. They produce their pickles in a facility by Jacksonville Florida. The business sells to retailers in the Southeast of the United States and has been their niche region since inception. The ACME Pickle Company has a production capacity ranging from 8,000 to 10,000 cases of pickles on a monthly basis. The Acme Pickle facility has the ability to produce 12,000 cases of pickles for any given month at full production with current staffing in place allowing for full scale production bringing on additional efficiencies and cost benefits for the plant. Super Deals is a Wisconsin based Supermarket chain that is interested in working with the Acme Pickle Company due to their high quality pickles. Super Deals has made an offer to the Acme Pickle Company of $9.50 per case for 2000 cases of pickles from the Acme Pickle Company. Super Deals will be using the Florida Best Pickles to promote an instore campaign at Super Deals that provides a free jar of pickles for customers purchasing over 40 dollars of merchandise at their stores. The promotion named Free Jar will be offered for one month only with the potential of selling the Florida’s Best Pickles in the future at all Super Deals stores.
Acme Pickle Company sells the cases of Pickles at a $20.00 dollar price point for each case. Current cost restraints may make the deal unprofitable for Acme Pickle Company. In order to review this deal and better understand cost structures and efficiencies of scale we must be able to consider managerial accounting, financial accounting and recalculating production costs before making a final decision on the deal offered by Super Deals of Wisconsin. Financial vs. Managerial Accounting
“Both financial accounting and managerial accounting deal with financial information, however, with a different approach. Financial accounting aims to provide financial statements, including measuring a company’s performance to asses it’s financial health. Conversely, managerial accounting aims to provide financial information so managers can make decisions with their business strategies” (Bay Atlantic University 2023.)
The Acme Pickle Company’s current cost of a case of pickles is estimated at $10.00 dollars per case. This cost was calculated under the financial accounting methods. When we look at the managerial accounting we can the recalculate the cost structure and make more educated drilled down decisions based on a more accurate picture for current business needs. Recalculation
Let’s drill down into the numbers and make some recalculations based on the managerial method. The managerial method provides the ability to determine if there are adjustments that can be made for additional revenue and provide confirmation of cost structure and pricing strategies moving forward. Let’s review the opportunity including the new additional revenue and 2000 cases and see where we are with this new addition of business from Super Deals. Current monthly production is based at 9000 cases of pickles and the sell for price point is at 20 dollars per case of pickles. The 9,000 cases fall within the range of 8 to 10 thousand cases per month and
is adequate with current cost of goods per our existing cost structures at 8 to 10 thousand cases per
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
Marketing effectiveness subject
According to Spirit Manufacturing in Australia - IBIS world report Australia
Revenue volatility
The volatility and growth associated with spirit manufacturing means it falls into which of the following revenue volatility categories?
a.
Hazardous
b.
Stagnant
c.
Roller coaster
d.
Blue chip
arrow_forward
A10
Explain "Columbia Sportswear" clothing brands
Promotion plan. (in terms of how they promote? who
they promote too? how often they promote? and
how much they spend on promoting their clothing
brand.)
arrow_forward
Alligator, Inc. is a shoe designer, manufacturer, and distributor that launched its business in 2012. Although the company operates globally, its headquarters location is in Arteixo, Galicia, Spain, which coincidentally is the central location for Zara, the flagship chain store of the Inditex group, the world’s largest apparel retailer. The best-selling brand of Alligator, Inc. is its Gators™ model, which is a market leader in the funky, brightly-colored, lightweight shoe market that has enjoyed unexpectedly high demand in recent years. Made of a highly-resilient, space-age plastics material, Gators™ success is related also to the fact that each pair includes “one-size fits all” orthotics to meet the needs of individual consumers. Alligator, Inc. has patented the processes relating to the manufacture of the orthotics, and the overall value of this product innovation is similar to the way in which the super-secret formula for Coke is valuable to Coca-Cola, Inc.
The Alligator supply…
arrow_forward
Egypt Air Holding Company has commissioned a world class branded marketing
research agency to conduct a marketing feasibility study of its current ticketing
offices across the world. Apart from that Egypt Air Holding Company has asked its
marketing research agency to look into the market potential to open new ticketing
offices in various proposed locations all over the globe. The purpose of this vast
marketing research project that Egypt Air Holding Company boosts the efficiency
and effectiveness of its marketing-based competitiveness as a member of Star
Alliance with a view toward:
Closing down present ticketing offices with limited economies of scale.
Augmenting present ticketing offices with high demand
Opening new ticketing offices with high market potential
Avoid opening new ticketing offices with low market potential
Required:
1- Select Two secondary data items that are necessary for this marketing
research
2- Select two important sources of relevant literature review and what…
arrow_forward
Alligator, Inc. is a shoe designer, manufacturer, and distributor that launched its business in 2012. Although the company operates globally, its headquarters location is in Arteixo, Galicia, Spain, which coincidentally is the central location for Zara, the flagship chain store of the Inditex group, the world’s largest apparel retailer. The best-selling brand of Alligator, Inc. is its GatorsTM model, which is a market leader in the funky, brightly colored, lightweight success is related also to the fact that each pair shoe market that has enjoyed unexpectedly high demand in recent years. Made of a highly resilient, space-age plastics material, GatorsTM includes “one-size fits all” orthotics to meet the needs of individual consumers. Alligator, Inc. has patented the processes relating to the manufacture of the orthotics, and the overall value of this product innovation is similar to the way in which the super-secret formula for Coke is valuable to Coca-Cola, Inc.
The Alligator supply…
arrow_forward
10. Questionable business practices according to antitrust agencies
Complete the following table by matching each of the scenarios to the concept of resale price maintenance, predatory pricing, or bundling.
Resale Price
Maintenance
Predatory
Pricing
Scenario
SnapFace is a firm that manufactures polaroid cameras. Suppose SnapFace sells its polaroid
cameras to online retailers for $166 each and requires those online retailers to charge at least
$176 to shoppers for each polaroid camera.
Warm Winds is the only firm producing space heaters. It costs $1,500 to produce one space
heater, and Warm Winds sells each space heater for $2,100. After Breezy Hut, a new firm with
the same costs as Warm Winds, enters the market for space heaters, Warm Winds starts selling
its space heaters for a price of $800.
Hynes sells a wide variety of condiments to retail grocery stores. Hynes recently developed two
new condiments: a popular barbacuffalo and a much less popular green ketchup. Hynes
requires…
arrow_forward
Bamburi Cement is a cement manufacturing company that has been operating in Kenya for more than ten years. The supply chain of Bamburi includes the suppliers and customers. Effective management of the supply chain relationships is a critical factor in ensuring increased profits by Bamburi.
Required;
Explain two ways that adoption of a modern Enterprise resource planning software such as Microsoft Navision would enable Bamburi to improve the supply chain relationships with the
suppliers and customers.
(b) Explain two ways that a well-developed and designed Accounting system would add value for
an organization such as Strathmore University.
arrow_forward
3-
Mr. Hameed opens a garment shop inside Lulu Hypermart in Nizwa. Based on the location of his store facilities, what type of retail store Mr. Hameed has?
a.
Mobile store
b.
Multi-level store
c.
Fixed location store
d.
By pricing strategy
arrow_forward
The management of a firm wants to increase their firm’s market share by 50% within the next three years. To accomplish this goal, they determined a competitive pricing strategy.
Name of the management function:
Reason:
arrow_forward
Majestic Cleaning & Laundry Services is an independently owned enterprise headquartered in the busy commercial the Red Hills Road area, in Kingston, Jamaica.
The business offers a wide range of services including washing, ironing and dry cleaning of apparels. “Anything you want to clean.” The business has seen great exponential growth in sales over the past five (5) years, especially since it outsourced its sales function to HGS. Since HGS has been tasked with increasing Majestic Laundromat’s B2B portfolio, they have won a 5-year contract to clean and iron graduation gowns for over 5 schools in Kingston.The HGS sales people have been the force that drove sales in the past three (3) years, from$2 million to $4 million and last year $7 million.HGS is given a 10% commission on sales and a 2% bonus when a payment is made before the service is completed.
Mrs. L. James, the owner of two businesses, is a true entrepreneur with long-term vision but lacks managerial skills and training.…
arrow_forward
Pinkie Ice-Cream ltd. Pinky Ice-cream ltd. is an ice-cream company that is located in the city of Palma and has branches in several communities. The brand is an emerging brand and is becoming very popular among children and young adults. One of the reasons why this brand of ice-cream is becoming so popular is because the quality is outstanding. The Operations manager work closely with the marketing manager to ensure that the best quality ice-cream is sold to customer. The OM manager uses the best quality ingredients and ensures that the best machines and labour are employed in the transformation process.
With the aid of a well labeled diagram, briefly describe the transformation process at Pinkie Ice-Cream ltd.
arrow_forward
Pinky Ice-cream ltd. is an ice-cream company that is located in the city of Palma and has branches inseveral communities. The brand is an emerging brand and is becoming very popular among children andyoung adults. One of the reasons why this brand of ice-cream is becoming so popular is because thequality is outstanding. The Operations manager work closely with the marketing manager to ensurethat the best quality ice-cream is sold to customer. The OM manager uses the best quality ingredientsand ensures that the best machines and labour are employed in the transformation process. They alsoproduce a variety of flavours to ensure that the customers have a wide choice.
4. Describe the following operations management decisions that must be taken at PinkieIce-Cream ltd. (product, Scheduling, Inventory Control )
arrow_forward
Pinky Ice-cream ltd. is an ice-cream company that is located in the city of Palma and has branches in several communities. The brand is an emerging brand and is becoming very popular among children and young adults. One of the reasons why this brand of ice-cream is becoming so popular is because the quality is outstanding. The Operations manager work closely with the marketing manager to ensure that the best quality ice-cream is sold to customer. The OM manager uses the best quality ingredientsand ensures that the best machines and labour are employed in the transformation process. They also produce a variety of flavours to ensure that the customers have a wide choice. Weekly customer demand for the ice-cream can be seen in the table below.
Week Demand(gallons)1 2802 2953 3154 3005 3406 3357 350
Seeing that the company is fairly new, management is yet to formulate a…
arrow_forward
Pinky Ice-cream ltd. is an ice-cream company that is located in the city of Palma and has branches in several communities. The brand is an emerging brand and is becoming very popular among children and young adults. One of the reasons why this brand of ice-cream is becoming so popular is because the quality is outstanding. The Operations manager work closely with the marketing manager to ensure that the best quality ice-cream is sold to customer. The OM manager uses the best quality ingredientsand ensures that the best machines and labour are employed in the transformation process. They also produce a variety of flavours to ensure that the customers have a wide choice. Weekly customer demand for the ice-cream can be seen in the table below.
Week Demand(gallons)1 2802 2953 3154 3005 3406 3357 350
Seeing that the company is fairly new, management is yet to formulate a…
arrow_forward
Pinky Ice-cream ltd. is an ice-cream company that is located in the city of Palma and has branches in several communities. The brand is an emerging brand and is becoming very popular among children and young adults. One of the reasons why this brand of ice-cream is becoming so popular is because the quality is outstanding. The Operations manager work closely with the marketing manager to ensure that the best quality ice-cream is sold to customer. The OM manager uses the best quality ingredientsand ensures that the best machines and labour are employed in the transformation process. They also produce a variety of flavours to ensure that the customers have a wide choice. Weekly customer demand for the ice-cream can be seen in the table below.
Week Demand(gallons)1 2802 2953 3154 3005 3406 3357 350
Seeing that the company is fairly new, management is yet to formulate a…
arrow_forward
Pinky Ice-cream ltd. is an ice-cream company that is located in the city of Palma and has branches in several communities. The brand is an emerging brand and is becoming very popular among children and young adults. One of the reasons why this brand of ice-cream is becoming so popular is because the quality is outstanding. The Operations manager work closely with the marketing manager to ensure that the best quality ice-cream is sold to customer. The OM manager uses the best quality ingredientsand ensures that the best machines and labour are employed in the transformation process. They also produce a variety of flavours to ensure that the customers have a wide choice. Weekly customer demand for the ice-cream can be seen in the table below.
Week Demand(gallons)1 2802 2953 3154 3005 3406 3357 350
Seeing that the company is fairly new, management is yet to formulate a…
arrow_forward
Pinky Ice-cream ltd. is an ice-cream company that is located in the city of Palma and has branches in several communities. The brand is an emerging brand and is becoming very popular among children and young adults. One of the reasons why this brand of ice-cream is becoming so popular is because the quality is outstanding. The Operations manager work closely with the marketing manager to ensure that the best quality ice-cream is sold to customer. The OM manager uses the best quality ingredients and ensures that the best machines and labour are employed in the transformation process. They also produce a variety of flavours to ensure that the customers have a wide choice. Weekly customer demand for the ice-cream can be seen in the table below.
Week. Demand(gallons)
1 280
2. 295
3. 315
4. 300
5. 340
6. 335
7. 350
Seeing that the company is fairly new, management is…
arrow_forward
Pinky Ice-cream ltd. is an ice-cream company that is located in the city of Palma and has branches in several communities. The brand is an emerging brand and is becoming very popular among children and young adults. One of the reasons why this brand of ice-cream is becoming so popular is because the quality is outstanding. The Operations manager work closely with the marketing manager to ensure that the best quality ice-cream is sold to customer. The OM manager uses the best quality ingredientsand ensures that the best machines and labour are employed in the transformation process. They also produce a variety of flavours to ensure that the customers have a wide choice. Weekly customer demand for the ice-cream can be seen in the table below.
Week Demand(gallons)1 2802 2953 3154 3005 3406 3357 350
Seeing that the company is fairly new, management is yet to formulate a…
arrow_forward
“Sourcing – So where does Starbucks coffee come from? Starbucks sources its coffee beans directly from nearly 30,000 coffee farms around the world, in countries such as Brazil, Columbia, Guatemala, Kenya, Mexico, Saudi Arabia, and Tanzania. Starbucks suppliers are carefully selected by following Starbucks’ own Coffee and Farmer Equity (CAFE) standards and Coffee Sourcing Guidelines (CSG). Each Starbucks supplier needs to meet these standards and requirements. According to Starbucks, the farms must have safe working conditions and not use forced or child labour.”
Source: https://www.dynamicinventory.net/starbucks-supply-chain-management/
Based on the above statement, it shows that managing sourcing is very important in supply chain management.
i. In your opinion, what factors that Starbuck considered when making sourcing decisions?ii. Discuss some ways that firm such as Starbuck benefits from good sourcing decision.
arrow_forward
What is multipile logistics regression? What is the duration?
arrow_forward
Sustainability reporting is referred to as "triple bottom line" reporting because it takes into account the triple bottom lines of
and
O a. people; planet; profit
b. product; price; promotion
c. product; positioning; place
O d. productivity; proficiency; procurability
O e. promotion; price; place
arrow_forward
Management Decision Model
T
1
2
3
Demand
A
270
14
6
B
1. Northwest Corner Rule
2. Hungarian Method
280
8
5
12
Compute transportation cost using
C
250
3
7
4
Supply
250
280
270
800
arrow_forward
What is the procedure to calculate area market demand using top-down methods?
Calculate area market demand by multiplying successive factors
Calculate area market demand by estimating retail sales values
Calculate area market demand by estimating population values
Calculate area market demand by multiplying factors by weights
arrow_forward
9
Aldi has been a successful retailer in Australia in the last 20 years. This success has been achieved in a highly competitive market in which two other giants, Coles and Woolworths, have dominated the market for many decades. Use desk research and find out about the reasons behind Aldi's success in Australian marketplace.
arrow_forward
CB Assignment 5 (Consumer Decision Making)
After watching the Consumer Decision Making Presentation, complete the
following spread sheet and indicate which brand is most likely to be selected
for each of the approaches below.
Smart Phones for Smart Phone Attitudes
Product
Attributes
Price
Good Reception
Screen Size
Camera Quality
Weight
Conjunctive:
Product
Attributes
For Conjunctive use a cutoff rating of 4.
For Disjunctive use a cutoff rating of 10.
Price
Good Reception
Screen Size
Camera Quality
Weight
Brand Selected=
Disjunctive:
Product
Attributes
Price
Good Reception
Screen Size
Importance
Rating
35
25
20
10
10
Camera Quality
Weight
Brand Selected=
A
6
8
8
4
6
35
25
20
10
10
Brand Scores
B
с
8
7
6
5
A
9
2
7
Minimum Rating =4 (on all attributes)
Importance
Ra
10
6
3
Brand Scores
Rating of 10 on ANY attribute
Importance
Rating
35
25
20
10
10
Brand Scores
C
A B
D
5
6
8
2
4
D
D
Lexicographic: Select Best Performer for Most Important Attribute
arrow_forward
1.Explain what responsible marketing and responsible supply chain and operations management are(THEORETICAL PERSPECTIVE)
2.Discuss how the various fast-food outlets and FMCG companies in South Africa can address the use of palm oil products by consumers through their marketing, supply chain and operations activities(Practical PERSPECTIVE
arrow_forward
Profile about oman LNG company and Identify whether it is a product/ services for a consumer or business market or Industrial organization?
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
Related Questions
- Marketing effectiveness subject According to Spirit Manufacturing in Australia - IBIS world report Australia Revenue volatility The volatility and growth associated with spirit manufacturing means it falls into which of the following revenue volatility categories? a. Hazardous b. Stagnant c. Roller coaster d. Blue chiparrow_forwardA10 Explain "Columbia Sportswear" clothing brands Promotion plan. (in terms of how they promote? who they promote too? how often they promote? and how much they spend on promoting their clothing brand.)arrow_forwardAlligator, Inc. is a shoe designer, manufacturer, and distributor that launched its business in 2012. Although the company operates globally, its headquarters location is in Arteixo, Galicia, Spain, which coincidentally is the central location for Zara, the flagship chain store of the Inditex group, the world’s largest apparel retailer. The best-selling brand of Alligator, Inc. is its Gators™ model, which is a market leader in the funky, brightly-colored, lightweight shoe market that has enjoyed unexpectedly high demand in recent years. Made of a highly-resilient, space-age plastics material, Gators™ success is related also to the fact that each pair includes “one-size fits all” orthotics to meet the needs of individual consumers. Alligator, Inc. has patented the processes relating to the manufacture of the orthotics, and the overall value of this product innovation is similar to the way in which the super-secret formula for Coke is valuable to Coca-Cola, Inc. The Alligator supply…arrow_forward
- Egypt Air Holding Company has commissioned a world class branded marketing research agency to conduct a marketing feasibility study of its current ticketing offices across the world. Apart from that Egypt Air Holding Company has asked its marketing research agency to look into the market potential to open new ticketing offices in various proposed locations all over the globe. The purpose of this vast marketing research project that Egypt Air Holding Company boosts the efficiency and effectiveness of its marketing-based competitiveness as a member of Star Alliance with a view toward: Closing down present ticketing offices with limited economies of scale. Augmenting present ticketing offices with high demand Opening new ticketing offices with high market potential Avoid opening new ticketing offices with low market potential Required: 1- Select Two secondary data items that are necessary for this marketing research 2- Select two important sources of relevant literature review and what…arrow_forwardAlligator, Inc. is a shoe designer, manufacturer, and distributor that launched its business in 2012. Although the company operates globally, its headquarters location is in Arteixo, Galicia, Spain, which coincidentally is the central location for Zara, the flagship chain store of the Inditex group, the world’s largest apparel retailer. The best-selling brand of Alligator, Inc. is its GatorsTM model, which is a market leader in the funky, brightly colored, lightweight success is related also to the fact that each pair shoe market that has enjoyed unexpectedly high demand in recent years. Made of a highly resilient, space-age plastics material, GatorsTM includes “one-size fits all” orthotics to meet the needs of individual consumers. Alligator, Inc. has patented the processes relating to the manufacture of the orthotics, and the overall value of this product innovation is similar to the way in which the super-secret formula for Coke is valuable to Coca-Cola, Inc. The Alligator supply…arrow_forward10. Questionable business practices according to antitrust agencies Complete the following table by matching each of the scenarios to the concept of resale price maintenance, predatory pricing, or bundling. Resale Price Maintenance Predatory Pricing Scenario SnapFace is a firm that manufactures polaroid cameras. Suppose SnapFace sells its polaroid cameras to online retailers for $166 each and requires those online retailers to charge at least $176 to shoppers for each polaroid camera. Warm Winds is the only firm producing space heaters. It costs $1,500 to produce one space heater, and Warm Winds sells each space heater for $2,100. After Breezy Hut, a new firm with the same costs as Warm Winds, enters the market for space heaters, Warm Winds starts selling its space heaters for a price of $800. Hynes sells a wide variety of condiments to retail grocery stores. Hynes recently developed two new condiments: a popular barbacuffalo and a much less popular green ketchup. Hynes requires…arrow_forward
- Bamburi Cement is a cement manufacturing company that has been operating in Kenya for more than ten years. The supply chain of Bamburi includes the suppliers and customers. Effective management of the supply chain relationships is a critical factor in ensuring increased profits by Bamburi. Required; Explain two ways that adoption of a modern Enterprise resource planning software such as Microsoft Navision would enable Bamburi to improve the supply chain relationships with the suppliers and customers. (b) Explain two ways that a well-developed and designed Accounting system would add value for an organization such as Strathmore University.arrow_forward3- Mr. Hameed opens a garment shop inside Lulu Hypermart in Nizwa. Based on the location of his store facilities, what type of retail store Mr. Hameed has? a. Mobile store b. Multi-level store c. Fixed location store d. By pricing strategyarrow_forwardThe management of a firm wants to increase their firm’s market share by 50% within the next three years. To accomplish this goal, they determined a competitive pricing strategy. Name of the management function: Reason:arrow_forward
- Majestic Cleaning & Laundry Services is an independently owned enterprise headquartered in the busy commercial the Red Hills Road area, in Kingston, Jamaica. The business offers a wide range of services including washing, ironing and dry cleaning of apparels. “Anything you want to clean.” The business has seen great exponential growth in sales over the past five (5) years, especially since it outsourced its sales function to HGS. Since HGS has been tasked with increasing Majestic Laundromat’s B2B portfolio, they have won a 5-year contract to clean and iron graduation gowns for over 5 schools in Kingston.The HGS sales people have been the force that drove sales in the past three (3) years, from$2 million to $4 million and last year $7 million.HGS is given a 10% commission on sales and a 2% bonus when a payment is made before the service is completed. Mrs. L. James, the owner of two businesses, is a true entrepreneur with long-term vision but lacks managerial skills and training.…arrow_forwardPinkie Ice-Cream ltd. Pinky Ice-cream ltd. is an ice-cream company that is located in the city of Palma and has branches in several communities. The brand is an emerging brand and is becoming very popular among children and young adults. One of the reasons why this brand of ice-cream is becoming so popular is because the quality is outstanding. The Operations manager work closely with the marketing manager to ensure that the best quality ice-cream is sold to customer. The OM manager uses the best quality ingredients and ensures that the best machines and labour are employed in the transformation process. With the aid of a well labeled diagram, briefly describe the transformation process at Pinkie Ice-Cream ltd.arrow_forwardPinky Ice-cream ltd. is an ice-cream company that is located in the city of Palma and has branches inseveral communities. The brand is an emerging brand and is becoming very popular among children andyoung adults. One of the reasons why this brand of ice-cream is becoming so popular is because thequality is outstanding. The Operations manager work closely with the marketing manager to ensurethat the best quality ice-cream is sold to customer. The OM manager uses the best quality ingredientsand ensures that the best machines and labour are employed in the transformation process. They alsoproduce a variety of flavours to ensure that the customers have a wide choice. 4. Describe the following operations management decisions that must be taken at PinkieIce-Cream ltd. (product, Scheduling, Inventory Control )arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you