Make It Project - Krissy Bentley Managerial Accounting: Th...

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Unformatted text preview: Krissy Bentley Managerial Accounting: Th 10:00-11:15 Make-It Project: Wedding Invitations Description of the Project: Wedding Invitations- We assume an 8-wedding-a- month period @ 200 invitations per wedding. DESCRIPTION PER UNIT TOTAL Estimated Revenues $2.55 $4,080.00 Estimated Costs Direct Materials 0.083 133.33 Direct Labor 0.2 320 Manufacturing Overhead 0.1958 313.28 Office Supplies 0.35 560 Depreciation 0.0083 13.33 Rent 0.1875 300 TOTALS 1.0246 1639.94 TOTAL ESTIMATED NET INCOME $1.53 $2,440.06 In Units In Dollars Break Even Point 644 Invitations $ 1,640.00 Trends: This is a necessary service everywhere which ensures a demand for it, but in Utah, the trend is to host a budget wedding rather than extravagant. Therefore, the price will need to remain relatively low in order to be competitive. That leads me to my next point. Competitors: My primary competition would lie with self-sufficient mothers/ women. I have found that many women try to either choose a generic, free design from an online source and duplicate it for their...
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Make It Project - Krissy Bentley Managerial Accounting: Th...

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