Looking for this assignment to be completed
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 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.
Download this Excel spreadsheetand use it to present your calculations and answers to the questions below:
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