1)Break-Even Analysis:<\/u>calculate how many units need to be sold to break even, based on the costs provided in task #3. Assume that only one conference will be attended and the estimated expenses associated with this conference are on target. Also assume that the value for total units per year is based on sales of 70 units per month. Therefore, total units sold per year are 840. The selling price per unit is $79.<\/p>
2) Contribution Margin:<\/u><\/p>
Based on the Break-Even Analysis just performed, what is the contribution margin per unit? Show example and explain in excel for clarification<\/p>
<\/p>
Advertising Fees = $4,000<\/p>
Labor = $400\/month<\/p>
One part-time employee will be hired to take care of packaging and shipping. This employee will be paid $10 per hour. He or she is estimated to work 40 hours total per month.<\/p>
Packaging Supplies = $3,000<\/p>
Office Supplies = $800<\/p>
Phone and Internet Service = $115\/month<\/p>
Product Supplies = $9,000<\/p>
Shipping Fees = $1,000\/month<\/p>
Conference Exhibitor Fee = $3,000<\/p>
Travel Expenses for Conference (e.g. airfare, meals, taxi) = $1,200<\/p>
Utilities for the Home Workshop = $105\/month<\/p>", "transcribed_text": "", "related_book": { "title": "The Company Valuation Playbook Invest With Confidence", "isbn": "1838470816, 978-1838470814", "edition": "1st Edition", "authors": "Charles Sunnucks", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/2024\/01\/659e8d7741ff1_719659e8d773d380.jpg", "uri": "\/textbooks\/the-company-valuation-playbook-invest-with-confidence-1st-edition-978-1838470814-187563", "see_more_uri": "" }, "free_related_book": { "isbn": "1451650892", "uri": "\/textbooks\/the-unwelcomed-child-1st-edition-978-1451650891-317925", "name": "The Unwelcomed Child", "edition": "1st Edition" }, "question_posted": "2024-06-06 03:13:14", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/what-is-liquidity-why-are-suppliers-concerned-about-the-liquidity", "description": "What is liquidity? 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