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At present, the company is selling 12,000 stoves per month. The sales manager is convinced a 10% reduction in the selling price would result in
- At present, the company is selling 12,000 stoves per month. The sales manager is convinced a 10% reduction in the selling price would result in a 25% increase in unit sales. Prepare two contribution format income statements, one under present operating conditions, and one as operations would appear after the proposed changes.
- Refer to the data in Required 3. How many stoves would have to be sold at the new selling price to attain a target profit of $79,000 per month?
At present, the company is selling 12,000 stoves per month. The sales manager is convinced a 10% reduction in the selling price would result in a 25% increase in unit sales. Prepare two contribution format income statements, one under present operating conditions, and one as operations would appear after the proposed changes.
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please help and how work thank you
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