Business Finance Homework Help
Phoenix Price Volume and Mix Impact for Revenue COGS & Gross Profit Question
I’m studying for my Business class and don’t understand how to answer this. Can you help me study?
Financial close is over. Results are coming in. Take a look at the table below and compute the
price/volume/mix to explain the growth of the Gross Profit from $332,350 to $451,423.
Your analysis should show the breakdown for each mode, the Price, Volume and Mix impact for revenue, COGS and Gross Profit.
NOTE: PROVIDE COMMENTARY – Explain how the company lifted its % gross profit from
41.67% to 48.53%.