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Help Minden Company introduced a new product last year for which it is trying to find an optimal selling price. that the company $92 per

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Help Minden Company introduced a new product last year for which it is trying to find an optimal selling price. that the company $92 per unit, and variable expenses are $62 per unit Fised expenses are can increase sales by 5,000 units for each $2 reduction in the selling price. The company's present selling price is per year The present annual sales volume (at the $92 selling price) is 25,200 units. Required: 1. What is the present yearly net operating income or loss? 2. What is the present break 3. Assuming that the marketing studies are correct, what is the maximum annual profit that the company can earn? At how many units point in unit sales and in dollar sales? 11758 and at what selling price per unit would the company generate this profit? 4. What would be the break-even point in unit sales and in dollar sales using the selling price you determined in (3) above (e.g, the selling price at the level of maximum profits)? 9 of 10 Next > Minden Company In that the company can a new product last year for which it is trying to find an optimal selling price. Marketing studies suggest sales by 5,000 units for each $2 reduction in the selling price. The companys present selling price is $92 per unit, and variable expenses are $62 per unit. Fived expenses are $830,700 per year. The present annual sales volume (at the $92 selling price) is 25,200 units. points 2. What is the present 3. Assuming that the marketing studies are point in unit sales and in dollar sales? are correct, what is the maximum annual profit that the company can earn? At how many units and at what selling price per unit would the company generate this proft? be the break-even point in unit sales and in dollar sales using the selling price you determined in (3) above (e g, the selling price at the level of maximum profits)? answers in the tabs below What would be the break-even point in unit sales and in dollar sales using the selling price you determined in Required (3) (e.g, the seling price at the level of maximum profits)? (Do not round intermediate calculations.)

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