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Help 2 More 100 Wh 1 COM yo como Wh tu wa Mag 2 Last year Minden Company introduced a new product and sold 25,900
Help 2 More 100 Wh 1 COM yo como Wh tu wa Mag 2 Last year Minden Company introduced a new product and sold 25,900 units of it at a price of $99 per unit. The product's variable expenses are $69 per unit and its fwed expenses are $836700 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 has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units for each 52 reduction in its selling price of the company will only consider price reductions in increments of $2(eg. $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 4. What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3? 015200 Complete this question by entering your answers in the tabs below. Required Required 2 Required Required 4 What was this product's net operating Income (los) last year? Required 2 >
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