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2 1 point Refer back to the scenario in question #1. According to research conducted by the sales department, a 10% reduction in the sales
2 1 point Refer back to the scenario in question #1. According to research conducted by the sales department, a 10% reduction in the sales price will result in a 24% increase in unit sales. Prepare two income statements in contribution margin format, one using the current price and one using proposed price. They should contain two columns: Total and per unit (see example below). You may create these in an Excel worksheet. Upload the Excel file here. Partial credit may be given based on your work. Example: Sales (8,000 lights) Less variable expenses Now, answer questions 3 through 6. 3 1 point Total $1,440,000 $1,008,000 The contribution margin per unit price at the current price level is type your answer... 1 point The contribution margin per unit price at the proposed price is type your answer... Drag n' Drop here or Browse 5 1 point The number of rechargeable lights to be sold to earn a net operating income of $189,000 per month is type your answer... Per Unit $180 $126 (use original data)
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