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10. You are given the following data on a company's three products: Product Expected sales (units) Sales price Variable cost Mini 400 $200 $100 Regular
10. You are given the following data on a company's three products: Product Expected sales (units) Sales price Variable cost Mini 400 $200 $100 Regular 500 $500 $200 Expert 50 $3,000 $800 The company has annual fixed costs of $250,000. a. Compute the company's expected profit (net income) for the upcoming fiscal period. b. Assuming a consistent sales mix, how many units of each product type must the company sell to break even? C. Assuming a consistent sales mix, if the company wishes to earn net income of $300,000, how many units of each product type must be sold? d. Compute the margin of safety in both dollar and percentage terms
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