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CollegePak Company produced and sold 82.000 backpacks during the year just ended at an average price of $42 per unit. Varfable manufacturing costs were $18.00
CollegePak Company produced and sold 82.000 backpacks during the year just ended at an average price of $42 per unit. Varfable manufacturing costs were $18.00 per unit, and variable marketing for manufacturing and $225 600 for marketing. There was no year end work costs were $5.52 per unit sold s amounted to $552,000 in-process inventory. Ignore income taxes) Required: 1. Compute CollegePak's break-even point in sales dollars for the year. (Do not round intermediate colculations. Round your finol 2 Compute the number 3. CollegePak's variable manufacturing costs are expected to increase by 10 percent in the coming year Compute the firm's break- kpped onswer up to the nearest whole doller) calculations. Round your final answer up to neerest whole number) even point in sales doilars for the coming year. (Do not round intermediate calculations. Round your final answer up to the of sales units required to earn a net income of $600,000 during the year. (Do not round intermediate Pnint nearest whole dollar) contribution-margin ratio in the coming year. (Do not round intermediate calculations. Round your final answer to 2 decimal 4. If CollegePak's varlable manufacturing costs do increase by 10 percent. compute the selling price that would yield the same ploces.) 1 Break-even point 2 Number of sales 3 Break even point unts Selling price
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