Campus Manager needs a quote for a product.
Here are our inputs:
Shirt Cost: $12 per shirt
Print Cost: $14 per shirt
Set Up Cost For Order: $20 flat cost
Shipping Cost: $1 per shirt
Sales Manager Commission: 7% of the entire order
Create an excel spreadsheet that gets quotes for each quantity and each markup on cost at each quantity
Quantities
20
40
220
Markups on cost
10%
30%
60% *
Answers
Answer:
Step-by-step explanation:
Campus Manager needs a quote for a product.
Here are our inputs:
Shirt Cost: $12 per shirt
Print Cost: $14 per shirt
Set Up Cost For Order: $20 flat cost
Shipping Cost: $1 per shirt
Sales Manager Commission: 7% of the entire order
Create an excel spreadsheet that gets quotes for each quantity and each markup on cost at each quantity
Let say number of shirts = x => Cloumn A
then x shirts cost = $12x = Clumn B = ($12 * ColumnA)
Print cost of x shirts = $14x => Column C = ($14 * ColumnA)
Setup Cost = $20 => Cloumn D = $20
Shipping Cost = $x => Couln E = ($1 * ColumnA)
Total Cost = $12x + $14x + $20 + $x => Coulmn F = (Column B + Column C + Column D + Column E)
Total Cost = $27x + $20
Commisson = (7/100) * ($27x + $20 ) => Cloumn G = (7/100) * Column F
Fina Cost Price = $27x + $20 + (7/100) * ($27x + $20 ) => Cloumn H = Cloumn F + Column G
Final Cost Price = (1.07) * ($27x + $20 )
Mark up = y% = Cloumn I
Margin = (y/100) * (1.07) * ($27x + $20 ) => Cloumn J = (cloumn I/100) * (Cloumn H)
Quoted Price = (1.07) * ($27x + $20 ) + (y/100)( (1.07) * ($27x + $20 ) => Column K = Cloumn H + Cloumn J
Quoted Price = (1.07) * ($27x + $20 )(1+ y/100)
for x = 20 & y = 10
Quoted Price = (1.07) * ($27*20 + $20 )(1+ 10/100)
= (1.07) * ($560 )(1.1) = $659.12
for x = 40 & y = 30
Quoted Price = (1.07) * ($27*40 + $20 )(1+ 30/100) = $1530.1
for x = 220 & y = 60
Quoted Price = (1.07) * ($27*220 + $20 )(1+ 60/100) = $10203.52
Here are our inputs:
Shirt Cost: $12 per shirt
Print Cost: $14 per shirt
Set Up Cost For Order: $20 flat cost
Shipping Cost: $1 per shirt
Sales Manager Commission: 7% of the entire order
Create an excel spreadsheet that gets quotes for each quantity and each markup on cost at each quantity
Quantities
20
40
220
Markups on cost
10%
30%
60%