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Complete this question by entering your answers in the tabs below. What is the product's break-even point in unit sales and dollar sales? Note: Do
Complete this question by entering your answers in the tabs below. What is the product's break-even point in unit sales and dollar sales? Note: Do not round intermediate calculations. Complete this question by entering your answers in the tabs below. What would be the break-even point in unit sales and dollar sales using the selling price you calculated in requirement 3 ? Note: Do not round intermediate calculations. Complete this question by entering your answers in the tabs below. 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., $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? Last year Minden Company introduced a new product and sold 15,000 units at a price of $80 per unit. The product's variable expenses are $50 per unit and its fixed expenses are $515,400 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 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., $78, $76, etc.), what is the maximum annual profit 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 dollar sales using the selling price you calculated in requirement 3 ? Complete this question by entering your answers in the tabs below. What was this product's net operating income (loss) last year
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