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Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What was this product's net operating
Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What was this product's net operating income (loss) last year? Net operating income Net operating lossComplete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 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 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 produ units for each $2 reduction in its selling price. If the company will only consider price reductions in increments o $68, $66, etc.), what is the maximum annual profit that it can earn on this product? What sales volume and sell unit generate the maximum profit? Maximum annual profit Number of units Selling price per unit Required 1 Required 2 Required 3 Required 4 What would be the break-even point in unit sales and in dollar sales using the selling price that you determined requirement 3? (Do not round intermediate calculations.) Break-even point in units Break-even point in dollar sales Last year Minden Company introduced a new product and sold 26,666 units of it at a price of $66 per unit. The product's variable expenses are $66 per unit and its xed expenses are $631666 per year. Required: 1- What was this product's net operating income [loss] last year? 2- What is the product's breakeven 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 6,666 units for each $2 reduction in its selling price. lfthe company will only consider price reductions in increments of $2 [e.g-, $66, $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 breakeven point in unit sales and in dollar sales using the selling price that you determined in requirement 3
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