How are you all going at restating your financial statements?
Here are 5 very different products or Siemens, their selling price, variable cost and contribution margin. Along with a description of each product.
1. 8kg Front Load Siemens Washing Machine
WM16Y890AU
The Siemens washing machine is a home appliance that Siemens
produces for their buyers. They aim to have high quality, manufacturing each
model to suit the customer’s needs. Each washing machine will have a model
number, for example: WM16Y890AU, the brand is Siemens, the warranty is
approximately five years, and each will have an energy and water rating,
generally around four and five. Other features that the washing machine will
include is the colour and the capacity of each wash, say 8kg. The washing
machine is a part of Siemens consumer products in their home appliances section.
Selling Price:
$2699
Variable Cost: $1260
Contribution Margin = SP – VC
= 2699 –
1260
= $1439
2. Siemens Wind Turbines
Siemens manufactures wind turbines to generate energy for
millions of households, businesses and factories. They may complete some of these
projects within the company or in a partnership with others. The wind turbines
can be sold and managed by others once Siemens has completed manufacturing
them. Wind turbines have been sold in large quantities to reduce the high
price, it seems similar to buying things in bulk. Wind power is a natural
source and will help create energy at the cost of purchasing the wind turbine. The
wind turbines are a part of Siemens Energy sector.
Selling Price
=$3 000 000
Variable Cost = $2
300 000 x 0.8
=$1
840 000
Contribution Margin= SP – VC
= $3 000 000 – $1 840 000
= $1 160 000
3. Siemens Hearing Aids
The Siemens Hearing Aids are manufactured by Siemens are
sold to retailers to sell to the public, or some may be sold directly from
Siemens. Although hearing aids are small they require many feature to enable
them to work. Siemens hearing aids are a part of the healthcare sector,
referred to as hearing instruments in their consumer products.
Selling Price =
$2499
Variable Cost =0.7 x
1666
=$1166.20
Contribution Margin = SP – VC
= 2499 – 1166.2
= $1332.80
4. Box cameras - 1/3" Wide Dynamic, 3MP,
IP box camera
Siemens manufactures surveillance cameras of all sorts to
ensure businesses and households can feel safe. The 3 MP full-HD IP camera
combines the requirements of classic analogue CCTV cameras with the high
performance, flexibility and IT security of a modern video-over-IP device. The
camera CCMW3025 includes a back-focus adjustment algorithm that simplifies the
setup of lens back-focus to ensure crisp video pictures day and night. This
camera can be easily integrated into 3rd party systems. The compact design and
the available range of accessories is an ideal fit even for stylish
environments. The box cameras are a part
of the building technologies sector, also referred to as electrical
installation systems in consumer products.
Selling Price = $300
Variable Cost = 0.7 x 200
= $140
Contribution Margin = SP – VC
= 300 –
140
= $160
5. Gamma building control – energy-efficient
building and room automation
Gamma building control from Siemens offers
intelligent solutions and services to maximize energy efficiency and comfort in
buildings. The product optimize the control of lighting, shading, heating
and cooling in rooms and buildings. Siemens have created this innovative
technology to provide customers with more room and comfort along with providing
energy-efficiency. The gamma building control is a part of Siemens Automation
product sector and control systems.
Selling Price = $2500
Variable Cost = 0.7 x 1666
= $1166.20
Contribution Margin = SP – VC
= 2500 – 1166.20
=
$1333.80
Siemens produce and manufacture many different products, so I tried to find a product from each sector that Siemens has to show the variety of the business.
Post to you later,
Katrine
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