Check my wor Last year Minden Company introduced a new product and sold 25.000 units of it at a price of $95 per unit. The product's variable expenses are $65 per unit and its fixed expenses are $834,900 per year Required: 1. What was this product's net operating income (loss) last year 2. What is the product's break-even point in unit sales and dollar sales? 3. Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units for each $2 reduction in its seling price. If the company will only consider price reductions in increments of $2 (eg. 568 566, etc), what is the maximum annual profit that it can eam on this product? What sales volume and selling price per unit generate the maximum profit? 4. What would be the break even point in unit sales and in dollar:sales using the selling price that you determined in requirement 32 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required Whalwas this product's net operating income (loss) last year? Net operating loss 71.400 Denuired Check my work Last year Minden Company introduced a new product and sold 25.000 units of it at a price of $95 per unit. The product's variable expenses are $65 per unit and its fixed expenses are $834,900 per year. Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even point in unit sales and dollar sales? 3. Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units for each $2 reduction in its selling price. If the company will only consider price reductions in increments of $2 (e.g. 568. $66, etc) what is the maximum annual profit that it can earn on this product? What sales volume and selling price per unit generate the maximum profit? 4. What would be the break-even point in unit sales and in dollar sales using the seling price that you determined in requirement 3? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required 4 What is the product's break-even point in unit sales and dollar sales? (Do not round Intermediate calculations.) Break-even point in units Break-even point in dollar sales $ 27 880 Activate Window DEIP bave & Exit Submit Check my work Last year Minden Company introduced a new product and sold 25,000 units of it at a price of 595 per unit. The products variable expenses are $65 per unit and its fixed expenses are $834,900 per year Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even point in unit sales and dollar sales 3. Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5.000 units for each $2 reduction in its selling price If the company will only consider price reductions in increments of $2 leg. $68 $66, etc), what is the maximum annual profit that it can eam on this product? What sales volume and selling price per unit generate the maximum profit? 4. What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units for each $2 reduction in its selling price. If the company will only consider price reductions in increments of $2 (0.9. $68. $66, etc.), what is the maximum annual profit that it can earn on this product? What sales volume and selling price per unit generate the maximum profit? Show less Maximum annual profit Number of units Selling price per unit Agrate Windows SOOS Help Save & Exit Submit 5 Check my work Last year Minden Company introduced a new product and sold 25.000 units of it at a price of $95 per unit. The products variable expenses are $65 per unit and its fixed expenses are $834.900 per year. Required: 1. What was this product's net operating income foss) last year? 2. What is the product's break-even point in unit sales and dollar sales? 3. Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5.000 units for each $2 reduction in its selling price. If the company will only consider price reductions in increments of $21.9. 568.566, etc) what is the maximum annual profit that it can earn on this product? What sales volume and selling price per unit generate the maximum profit? 4. What would be the break-even point in unit sales and in doltar sates using the selling price that you determined in requirement 3 Book Print References Complete this question by entering your answers in the tabs below. Required Required2 Required a Realsed 4 What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 32 (Do not round Intermediate calculations. Break-even point in units Break even point in dollar sales
