Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Current 333 Units sold 1,000 Sales Price per un 3130 Variable Cost per Unit 597 Contribution Margin per Unit Hoxed Costs $27,051 Break Even in

image text in transcribed
Current 333 Units sold 1,000 Sales Price per un 3130 Variable Cost per Unit 597 Contribution Margin per Unit Hoxed Costs $27,051 Break Even in units) 34 Break Even (in dotas) $110,110 Sales 5130,000 Variable costs 597,000 Contribution Margin $33,000 Fixed Costs $27,951 Net Income (los) $5,049 If they enact the 10% price increase what will be their new break-even point in units and dollars? It required, round final answers to nearest whole number New Price Break even in units) 605 Break even in dollars) 36,891 F Check Wir Remember that raising the sales price will have an effect on other per unit amounts. This will also have a direct effect on the number of units required to cover fixed costs and break even

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Auditing

Authors: A. Pandu

1st Edition

8189630822, 978-8189630829

More Books

Students also viewed these Accounting questions

Question

1. Which position would you take?

Answered: 1 week ago