Well water inc. wants to produce and sell a new flavored water in order to penetrate the market, the product will have to sell at 2.60 per 12 oz bottle the following data has been collected: Annual sales 50,000 bottles Projected selling and administrative costs 8,000 Desired profit 80,000 The target cost per bottle is _____ per bottle (2 decimal places)

Well water inc. wants to produce and sell a new flavored water in order to penetrate the market, the product will have to sell at 2.60 per 12 oz bottle the following data has been collected: Annual sales 50,000 bottles Projected selling and administrative costs 8,000 Desired profit 80,000 The target cost per bottle is _____ per bottle (2 decimal places)

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

See similar textbooks

Similar questions

Pls solve both for upvote/good rating
identifiedmarketing risk of Lazada and purpose solution for using Plan-Do-Check-Act cycle.
One of the products Company Miraitowa manufactured and plans to sell in Tokyo is vacuum insulated water bottles with a picture of the Olympic Mascot on. Discuss the four different ways in which a customer can perceive the value of vacuum insulated water bottles.
Give Customers audit, PEST analysis, measurement review and control of Newly launched laptop (vier). (Reference book: Philip kotler and keller marketing management)
A well-known multinational FMCG produces more than fifty products and sells them in the market. Out of fifty products one is mineral water for drinking purpose and supplies different size pack bottles in the market. Product manager observed that, during hot days the sale of water is more as compared to the normal days. He started the collection of data of weekly sale of water and the average weekly temperature. Product manager was interested in developing a relationship between sales and temperature; therefore, he discussed and shared the following data with you
D4) Pick a product and company name and then explain the 4 four P's regarding that
Below is a table of data collected over a six-month period in a local grocery store. Construct a Pareto analysis of the data and determine the percentage of total complaints represented by the two most common categories. all other 71 checked 59 general 58 service level 55 policy/procedures 40 price marketing 45 product quality 87 product request 105 checkout que 33 stock condition 170 what is the percentage of total complaints?
You have been hired as a consumer behavior expert for Dayfresh. Dayfresh offers products such as cow milk, lactose free milk and flavored milk in the milk and dairy category.Question 3. Identify and explain any two Gestalt principles using the pictures below.
Prepare a questionnare about "customer satisfaction on A to Z shopping mall". Please design 15mcq and open_ended questions and demographic.
Analyse the 7Ps marketing mix of Dans le noir restaurant and brasserie of the light restaurant.
The historical demand for four period is 62, 60, 72, and 67 respectively. Using the Nalve method, the Mean absulute Deviation (MAD) Select one: O a. None is correct O b. 10.67 Oc 14.67 Od 10.67 O e. 633
When is used Decision table testing?