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1 Executives of the Geek Computer Company, Inc. have produced a new personal computer, which will begin production next month, just in time for Spring

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1 Executives of the Geek Computer Company, Inc. have produced a new personal computer, which will begin production next month, just in time for Spring 2021 school session. Significant R&D and market research were completed over the past few years to create a product that executives believe is perfectly targeted to the college student. The following cost information pertains to the new computer Computer components (per computer) $75 PC Monitor (1 per computer) $175 Assembly & testing (direct labor per PC) $150 Product Testing (last year) $50 Market Research (each year. Jf product launches) $300 R&D (2017-2019) $200,000 Advertising and promotion (per year) $550.000 Factory overhead $400,000 Selling Price $700 1 Calculate the following (Show your work) a Contribution dollars per personal computer b. Contribution margin % per personal computer d. Break-even volume in units e. Break-even volume in dollars f. Net profit if 7,000 computers are sold g. Necessary computer unit volume to achieve $1,000,000 profit

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