Not Registerd? Create an account. You have an account Login here. The sales manager and administer have to determine the price for a textile that foregone marked market share because of the current rise in prices. Information regarding production costs and about the pricing pattern of Beauregard and its primary rival is given for assessment.
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VC - Indirect labor, supplies, repairs, power, Why then is it not raising its price? Assuming a similar cost structure to Beauregard, Calhoun and Pritchard are most profitable when undercutting Beauregard's higher pricing by the increased volume of T sold. Additionally, it is unlikely that Calhoun and Pritchard are using the same accounting practices or sales incentives as Beauregard, which enables them to remain confident in their current pricing scheme. By setting the price at or exceeding full cost does not always assure company profitability nor does it guarantee that a company's profits will be maximized.
Get access to this section to get all the help you need with your essay and educational goals. List the factors affecting the textile industry. What do you think is the state of the industry in the United States? How should you incorporate the state of the textile industry into your analysis? Why should anyone invest money in the industry?