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Management is getting excited about launching into the new market segment. However, they still have their head screwed on a little...... They have asked

Management is getting excited about launching into the new market segment. However, they still have their head screwed on a little...... They have asked you to let them know what the initial discount percentage should be in order to break even assuming that the initial sales will be 1,024 liters. For this, you have been given the following information: Fixed Cost - $8,654 Variables costs $11.98 per liter Anticipated sales price - $25.21 Calculate the discount percentage necessary to break even. (enter the percentage with two decimal places)

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