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Hermione Corporation forecasts that next year it can sell 27,000 units of its toaster ovens (for $864,000) in the open market. The expected contribution margin
Hermione Corporation forecasts that next year it can sell 27,000 units of its toaster ovens (for $864,000) in the open market. The expected contribution margin ratio is 55%. Fixed costs are estimated to be $470,000. Do not enter dollar signs or commas in the input boxes. a) What is the selling price per unit? Round your answer to 2 decimal places. Selling Price: $Answer b) Calculate the contribution margin if 28,000 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 2 decimal places. CM per unit: $Answer d) If the company
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