Business, 19.07.2019 19:10 joelpimentel

Plants galore operates a commercial plant nursery where it propagates plants for garden centers throughout the region. plants galore has $ 5.25 million in assets. its yearly fixed costs are $ 668 comma 500, and the variable costs for the potting soil, container, label, seedling, and labor for each gallon-sized plant total $ 1.20. plants galore's volume is currently 490 comma 000 units. competitors offer the same quality plants to garden centers for $ 3.70 each. garden centers then mark them up to sell to the public for $ 8 to $ 9, depending on the type of plant. read the requirements requirement 1. plants galore owners want to earn a 12% return on the company's assets. what is plants galore's target full cost? calculate the target full cost for plants galore. select the formula labels and enter the amounts. revenue at current market price $1,813,000 less: desired profit 630,000 target full cost $1,183,000 requirement 2. given plants galore's current costs, will its owners be able to achieve their target profit? show your analysis. calculate plants galore's current total full cost. select the formula labels and enter the amounts. current variable costs $588,000 current fixed costs 668,500 total full cost $1,256,500 plants galore's current total full costs of $ 73500 is will not its target full cost. plants galore ▼ meet the owner's profit expectations.

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