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Harry Corporation forecasts that next year it can sell 3 2 , 0 0 0 units of its toaster ovens ( for $ 1 ,
Harry Corporation forecasts that next year it can sell units of its toaster ovens for $ in the open market. The expected contribution margin ratio is Fixed costs are estimated to be $
Do not enter dollar signs or commas in the input boxes.
a What is the selling price per unit?
Round your answer to decimal places.
Selling Price: $Answer
b Calculate the contribution margin if units are produced and sold.
Round your answer to the nearest whole number.
Contribution Margin: $Answer
c Calculate the contribution margin per unit.
Round your answer to decimal places.
CM per unit: $Answer
d If the company decides to sell its products in the open market, determine the amount of units required to breakeven.
Round up to the nearest whole unit.
BreakEven Units: Answer
e Determine the operating income if units are produced and sold.
Round your answer to the nearest whole number.
Operating Income: $Answer
f Determine the amount of revenue that needs to be generated to yield an operating income of $
Round your answer to the nearest whole number.
Revenue: $
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