Jane Case Study Assingment Help With Solution

Posted on March 31, 2017

Jane Case Study Assingment Help With Solution

 
(Case by Les Livingstone, copied with permission)
Jane Goodheart established and ran a small workshop that manufactured costume jewelry productions of well-known jewelry masterpieces by Faberge and other famous designers, plus antique pieces of Etruscan, Russian, Egyptian, Chinese and French jewelry. She marketed these creations to museums across the United States in batches of 12 assorted items, for which she charged $680 per batch. In turn, the museums sold the jewelry at prices averaging nine times what they paid for the jewelry.
 
Jane’s only assistant was Joe, who was paid $15 per hour for his unskilled labor. Jewelry production varied between a low of 4 and a high of 6 batches per week, and averaged 200 batches per year. Each batch cost $80 (excluding wages) to pack and ship, with Joe doing all the packing and shipping. It takes Joe 2 hours to pack and ship one batch. Joe also does other chores, such as sweeping, vacuuming and cleaning, and he averages 20 hours per week of employment with Jane’s workshop, for the 40 weeks per year that he works for Jane (with his time split between packing and shipping of batches and doing weekly cleaning, etc.)
Jane spends 10 weeks a year touring the U.S. and attending trade shows in order to sell her jewelry, and to find suppliers of semi-precious stones, beads, and other components for her products. Her travel, hotel and food costs were $6,050 each year. Workshop rent and utilities cost her an average of $300 per week.
 

How it Works

How It works ?

Step 1:- Click on Submit your Assignment here or shown in left side corner of every page and fill the quotation form with all the details. In the comment section, please mention product code mentioned in end of every Q&A Page. You can also send us your details through our email id support@assignmentconsultancy.com with product code in the email body. Product code is essential to locate your questions so please mentioned that in your email or submit your quotes form comment section.
 
Step 2:- While filling submit your quotes form please fill all details like deadline date, expected budget, topic , your comments in addition to product code . The date is asked to provide deadline.
 
Step 3:- Once we received your assignments through submit your quotes form or email, we will review the Questions and notify our price through our email id. Kindly ensure that our email id assignmentconsultancy.help@gmail.com and support@assignmentconcultancy.com must not go into your spam folders. We request you to provide your expected budget as it will help us in negotiating with our experts.
 
Step 4:- Once you agreed with our price, kindly pay by clicking on Pay Now and please ensure that while entering your credit card details for making payment, it must be done correctly and address should be your credit card billing address. You can also request for invoice to our live chat representatives.
 
Step 5:- Once we received the payment we will notify through our email and will deliver the Q&A solution through mail as per agreed upon deadline.
 
Step 6:-You can also call us in our phone no. as given in the top of the home page or chat with our customer service representatives by clicking on chat now given in the bottom right corner.

Features

Features for Assignment Help

Zero Plagiarism
We believe in providing no plagiarism work to the students. All are our works are unique and we provide Free Plagiarism report too on requests.

 

Relevancy
We believe in providing perfect, relevant and 100% accurate solutions to the student as per questions asked. All our experts are perfect in providing that so as to give unique experience to the students.

 

Three Stage Quality Check
We are the only service providers boasting of providing original, relevant and accurate solutions. Our three stage quality process help students to get perfect solutions.

 

 

100% Confidential
All our works are kept as confidential as we respect the integrity and privacy of our clients.

Related Services

 

Jane works 40 weeks a year at making jewelry, and sublets the workshop for its cost in rent and utilities during her 10-week tour plus her 2 weeks of vacation each year.
The cost of rent, utilities and raw materials varied from $2,300 per week when 4 batches were produced, to $2,800 per week in weeks when 5 batches were produced, and $3,300 per week when 6 batches per week were manufactured.
Business was brisk, and Jane could easily sell every batch that she produced. But she found herself earning very little money, and after paying her 28% income tax, she found herself with almost no money to live on. That led Jane to you, as her consultant. She complained to you that she worked very hard, 50 weeks a year, but ended up broke and frustrated. Jane said that her tastes were modest, and emphasized artistry rather than material possessions. She noted that she would be quite satisfied to make $25,000 a year, after taxes.
  
You agreed to analyze her business operations and to advise her how to reach her modest goal of earning $25,000 per year, after taxes.
After some calculation and some thought, you conclude that Jane has to increase her revenues, perhaps by achieving greater volume, or perhaps by raising her selling price. Write a short report directed to Jane Goodheart with your recommendation on how to increase revenue, supported with a pro-forma contribution income statement which incorporates your recommendations. You should show all calculations in a Microsoft Excel document, include a Cost-Volume-Profit chart that is well labeled, andprovide your conclusion. (The report to Ms. Goodheart can be written in a Textbox (Textboxes automatically wrap text) in a separate worksheet in the same Excel document.The report should be appropriate for your client, Jane, Goodheart, the artist and sole proprietor.
Submit one document that contains your calculations, CVP graph, and the report. Be sure to proofread. A PowerPoint presentation “Museum Jewelry Hints” has been posted in this week’s module to get you started.
 

Product Code :Case91

To get answer for this question, kindly click here (Note: Don’t forget to write the product code in comment section)

You can also email us at assignmentconsultancy.help@gmail.com but please mentioned product code in the mail body while sending emails.You can browse more questions to get answer in our Q&A sections here.

Summary
User Rating
5 based on 1 votes
URL