Assume you are in charge of pricing for a firm that produces pickles. You have fixed costs of $3,500,000. Variable costs are $.55 cents per jar. You are selling your product for $.95 cents per jar. You sell the pickles in 24 jar cases.

Are these answers correct?Need explanations for A through E.

A. How many jars do you need to sell to break even?

8750000

B. How much must you sell to break even?

$8312500

C. How many jars must you sell to break even plus make a profit of $1,000,000?

11250000 jars 468750 cases

D. Assume the retailer buys your product for $.95 cents, his business requires a 30% markup on cost, calculate his selling price?

$1.235 per jar

E. Assume you have a MSRP of $1.69 for the pickles, If the retailer has required a 35% retailer margin on all products he sells, what is the most he is willing to pay on all products he sells, What is the most he is willing to pay to the producer for the pickles?

$1.0985 per jar