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Calculator Print item eBook Marchete Company produces a single product. They have recently received the results of a market survey that indicates that they can
Calculator Print item eBook Marchete Company produces a single product. They have recently received the results of a market survey that indicates that they can increase the retail price of their product 10% without losing customers or market share. All other costs will remain unchanged. Their most recent CVP analysis is presented below. Curent Units sold 900 Sales Price per Unit $140 Variable Cost per Unit $98 Contribution Margin per Unit $42 Fixed Costs $35,742 Break Even (in units) 851 Break-Even (in dollars) $119,140 Sales $126,000 Variable Costs $88,200 Contribution Margin $37,800 Fixed Costs $35,742 Net Income (loss) $2,058 If they enact the 10% price increase, what will be their new break-even point in units and dollars? If required, round final answers to nearest whole number. New Price Break-even (in units) Break-even (in dollars) $
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