To prepare: Review the online calculator tools provided in this week’s Learning Resources. Select a product on which to focus for this Assignment. It may be a product that is sold by a company you work for or hope to work for. Using one of the online calculator tools provided in this week’s Learning Resources, calculate the COGS for the product you selected. Keep in mind that the numbers you use will be hypothetical, but be as realistic as possible when producing these estimates. Use the following guidelines: Make an educated guess as to what costs would be involved in producing any given number of the product you selected. Take into account as many costs as you can think of (e.g., manufacturing, shipping, packaging). Once you have calculated COGS, decide how much you want to mark up the pricing of your product in order to create the best gross margin, aligning with the price that fits your brand. Think about the following considerations related to your product pricing: What is the marketing strategy behind the pricing you decided upon? What is the psychology behind the pricing? How do you predict customers might view the pricing?

Write a four to six (4-6) page paper in which you: Classify five (5) measurements of quality of care in a hospital, and justify the major reasons why you believe these measurements matter to patients in their process of choosing a hospital for emergency or inpatient care. Specify four (4) main features in health care organizations that can be used to design a successful quality improvement plan. Articulate the significant manner in which the specified features can lead to failure or success of quality of care in Sunlight Hospital. Suggest the salient reasons why quality of care would add value to and create a competitive advantage for the Sunlight Hospital. Justify your response. Use four (4) recent (within the last five [5] years) quality academic resources in this assignmen
October 6, 2020
The following cash transactions took place during March, the first month of business for Cats and Dogs Company: 1. D.C. Dawg started a business, Cats and Dogs Company, by contributing $6,000. 2. The Cats and Dogs Company borrowed $2,000 from the bank on March 1. The note is a 1-year, 12% note, with both principal and interest to be repaid on February 28 of next year. 3. The company earned $900 in revenue. 4. Expenses amounted to $650. 5. Distributions to owners amounted to $25. You are to complete the following tasks: 1. Show how each cash transaction affects the accounting equation. 2. Give one additional piece of information related to the transaction that could be recorded in an information system for a purpose other than the financial statements. 3. Prepare the four basic financial statements for the month of March.
October 6, 2020

To prepare: Review the online calculator tools provided in this week’s Learning Resources. Select a product on which to focus for this Assignment. It may be a product that is sold by a company you work for or hope to work for. Using one of the online calculator tools provided in this week’s Learning Resources, calculate the COGS for the product you selected. Keep in mind that the numbers you use will be hypothetical, but be as realistic as possible when producing these estimates. Use the following guidelines: Make an educated guess as to what costs would be involved in producing any given number of the product you selected. Take into account as many costs as you can think of (e.g., manufacturing, shipping, packaging). Once you have calculated COGS, decide how much you want to mark up the pricing of your product in order to create the best gross margin, aligning with the price that fits your brand. Think about the following considerations related to your product pricing: What is the marketing strategy behind the pricing you decided upon? What is the psychology behind the pricing? How do you predict customers might view the pricing?

Pricing Considerations

Cost of goods sold (COGS) is the cost of the products and/or services sold to customers. In general, a retailer’s cost of goods sold includes the cost from its supplier plus any additional costs necessary to get the merchandise into inventory and ready for sale. For example, assume that a bookstore purchases college textbooks from a publisher. If the bookstore’s cost from the publisher is $80 for a textbook plus $5 in shipping costs, the bookstore reports $85 as a portion of the cost of goods sold. For this Assignment, you calculate the cost of goods sold for a product. Using these calculations, you then develop a pricing strategy for the product. To prepare:
  • Review the online calculator tools provided in this week’s Learning Resources.
  • Select a product on which to focus for this Assignment. It may be a product that is sold by a company you work for or hope to work for.
  • Using one of the online calculator tools provided in this week’s Learning Resources, calculate the COGS for the product you selected. Keep in mind that the numbers you use will be hypothetical, but be as realistic as possible when producing these estimates. Use the following guidelines:
    • Make an educated guess as to what costs would be involved in producing any given number of the product you selected.
    • Take into account as many costs as you can think of (e.g., manufacturing, shipping, packaging).
  • Once you have calculated COGS, decide how much you want to mark up the pricing of your product in order to create the best gross margin, aligning with the price that fits your brand.
  • Think about the following considerations related to your product pricing:
    • What is the marketing strategy behind the pricing you decided upon?
    • What is the psychology behind the pricing?
    • How do you predict customers might view the pricing?
Submit by Day 7 your completed Week 5 Assignment Template in which you do the following in 250–350 words:
  • Describe the product.
  • Outline the cost of goods sold and pricing.
  • Explain the marketing strategy behind the pricing.
  • Explain the psychology behind the pricing.
  • Predict how customers might view the pricing.
  • Support your work with specific citations from the Learning Resources and any additional sources.

Week 5 Learning Resources

  This page contains the Learning Resources for this week. Be sure to scroll down the page to see all of this week's assigned Learning Resources.  

Required Resources

 

Readings

   

Optional Resources

 
  • Holden, R., & Burton, M. (2008). Pricing with confidence: 10 ways to stop leaving money on the table. Hoboken, NJ: Wiley & Sons, Inc.
  • Nagle, T. T., Hogan, J., & Zale, J. (2010). The strategy and tactics of pricing: A guide to growing more profitably (5th ed.). Upper Saddle River, NJ: Prentice Hall.
  ***USE the template to record your answer and submit back to me*****USE APA formatting****

Pricing Considerations

Cost of goods sold (COGS) is the cost of the products and/or services sold to customers. In general, a retailer’s cost of goods sold includes the cost from its supplier plus any additional costs necessary to get the merchandise into inventory and ready for sale. For example, assume that a bookstore purchases college textbooks from a publisher. If the bookstore’s cost from the publisher is $80 for a textbook plus $5 in shipping costs, the bookstore reports $85 as a portion of the cost of goods sold.

For this Assignment, you calculate the cost of goods sold for a product. Using these calculations, you then develop a pricing strategy for the product.

To prepare:

  • Review the online calculator tools provided in this week’s Learning Resources.
  • Select a product on which to focus for this Assignment. It may be a product that is sold by a company you work for or hope to work for.
  • Using one of the online calculator tools provided in this week’s Learning Resources, calculate the COGS for the product you selected. Keep in mind that the numbers you use will be hypothetical, but be as realistic as possible when producing these estimates. Use the following guidelines:
    • Make an educated guess as to what costs would be involved in producing any given number of the product you selected.
    • Take into account as many costs as you can think of (e.g., manufacturing, shipping, packaging).
  • Once you have calculated COGS, decide how much you want to mark up the pricing of your product in order to create the best gross margin, aligning with the price that fits your brand.
  • Think about the following considerations related to your product pricing:
    • What is the marketing strategy behind the pricing you decided upon?
    • What is the psychology behind the pricing?
    • How do you predict customers might view the pricing?

Submit by Day 7 your completed Week 5 Assignment Template in which you do the following in 250–350 words:

  • Describe the product.
  • Outline the cost of goods sold and pricing.
  • Explain the marketing strategy behind the pricing.
  • Explain the psychology behind the pricing.
  • Predict how customers might view the pricing.
  • Support your work with specific citations from the Learning Resources and any additional sources.

Week 5 Learning Resources

 

This page contains the Learning Resources for this week. Be sure to scroll down the page to see all of this week’s assigned Learning Resources.

 

Required Resources

 

Readings

 

 

Optional Resources

 

  • Holden, R., & Burton, M. (2008). Pricing with confidence: 10 ways to stop leaving money on the table. Hoboken, NJ: Wiley & Sons, Inc.
  • Nagle, T. T., Hogan, J., & Zale, J. (2010). The strategy and tactics of pricing: A guide to growing more profitably (5th ed.). Upper Saddle River, NJ: Prentice Hall.

 

***USE the template to record your answer and submit back to me*****USE APA formatting****


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