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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 increase the retail price
Marchete Company produces a single product. They have recently received the results of a market survey that indicates that they can increase the retail price of their product by to without losing customers or market share. All other costs will remain unchanged. Their most recent CVP analysis to presented below. Current Units sold 1,000 Sales Price per Unit 5130 Variable Cost per Unit 397 Contribution Margin per Unit 533 Ned Costs $27.951 Breakiven in units) 847 Break Even in dollare $110.110 $130,000 Variable costs 192,000 Contribution Margin $33,000 Fixed Costs $27.951 Net Income (los) $5,049 If they enact the 10% price increase, what will be their new break-even point in units and dollars? If required, round Pinot answers to nearest whole number New Price Break-even (in units) Break-even in dollars)
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