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#3 using above data. Thanks! Due to erratic sales of its sole product-a high-capacity battery for laptop computersthe company has been experiencing financial difficulty for
#3 using above data. Thanks!
Due to erratic sales of its sole product-a high-capacity battery for laptop computersthe company has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below: $ Sales (20,500 units * $20 per unit) Variable expenses Contribution margin Fixed expenses 410,000 307,500 102,500 150,000 Net operating loss $ (47,500) 3. Refer to the original data. The Marketing Department thinks that a fancy new package for the laptop computer battery would grow sales. The new package would increase packaging costs by $1 per unit. Assuming no other changes, how many units would have to be sold each month to attain a target profit of $9,700? (Do not round intermediate calculations and complete the worksheet below.) (3 points) Selling price per unit $ Variable expenses per unit $ Contribution margin per unit (unit CM) $ Target profit $ Fixed expenses $ Unit sales to attain target profitStep by Step Solution
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