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Marchete Company produces a single product. They have recently received the results of a market survey that indicates that they can bcrease the retail
Marchete Company produces a single product. They have recently received the results of a market survey that indicates that they can bcrease the retail price of their product by 10% without losing customers or market share. All other costs will remain unchanged. Their most recent CVP analysis is presented below Units sold Sales Price per Une Variable Cost per Unit Contribution Margin per Unit Fixed Costs Current 970 $140 $98 542 $35,574 Break-Even (in units) 847 Break Even (in dollars) $118,580 Sales $135,000 Variable Costs $95,000 Contribution Marg 540,740 Fland Costs Net Income (less) $35,574 $5,166 If they enact the 10% price rease, what will be their new break even pint in units and dillars? If required, round final answers to nearest whole number Break even in unta) Break even in dollars) New Price
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