Minden Company introduced a new product last year for which it is trying to find an optimal selling price Marketing studies suggest that the company can increase sales by 5,000 units for each $2 reduction in the selling price. The company's present selling price is $94 per unit, and variable expenses are $64 per unit. Fixed expenses are $839,400 per year. The present annual sales volume (at the $94 selling price) is 25,300 units. Required: 1. What is the present yearly net operating income or loss? 2. What is the present break-even point in unit sales and in dollar sales? 3. Assuming that the marketing studies are correct, what is the maximum annual profit that the company can eam? At how many units 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 (eg, the selling price at the level of maximum profits)? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What is the present yearly net operating income or loss? Net operating loss Road Required 2 > Minden Company introduced a new product last year for which it is trying to find an optimal selling price Marketing studies suggest that the company can increase sales by 5,000 units for each $2 reduction in the selling price. The company's present selling price is $94 per unit and variable expenses are $64 per unit. Fixed expenses are $839.400 per year. The present annual sales volume (at the $94 selling price) is 25,300 units. Required: 1. What is the present yearly net operating income or loss? 2. What is the present break-even point in unit sales and in dollar sales? 3. Assuming that the marketing studies 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 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 (eg, the selling price at the level of maximum profits)? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What is the present break even point in unit sales and in dollar sales? (Do not round intermediate calculations.) 27,980 Break-even point in units Break-even point in dollar sales Minden Company introduced a new product last year for which is to find an optimal selling price Marketing studies suggest that the company can increase sales by 5.000 units for each $2 reduction in the sewing price. The company's present selling price is $94 per unit and variable expenses are $64 per un Foed expenses are 5839.400 per year. The present annual sales volume at the $94 selling price is 25 300 units Required: 1. What is the present yearly net operating income or loss? 2. What is the present break-even point in unit sales and in dollar sales? 3. Assuming that the marketing studies 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 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 leg the selling price at the level of maximum profits) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Rdquired 3 Required 4 Assuming that the marketing studies are correct, what is the maximum annual profit that the company can At how many units and at what selling price per unit would the company generate this profit? Maximum annual profit Number of units Selling price per unit Next > epter 2 Homework 1 Minden company introduced a new product last year for which is trying to find an optimal selling price Marketing studies suggest that the company can increase sales by 5.000 units for each $2 reduction in the selling price. The company's present selling price is $94 per unit and variable expenses are $64 per unit Fored expenses are $839,400 per year. The present annual sales volume at the $94 seling price is 25,300 units BOOK Required: 1 What is the present yearly net operating income or loss 2. What is the present break even point in unit sales and in dollar sales? 3. Assurning that the marketing studies are correct, what is the maximum annual profit that the company can ear? At how many units 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 leg. the Selling price at the level of maximum profits)? int Complete this question by entering your answers in the tabs below. ences Required 1 Required 2 Required Reghied 4 What would be the break-even point in unit sales and in dollar sales using the selling price you dimined in Required (3) (6.9. the selling price at the level of maximum profits) (Do not round intermediate calculation Broak evon point in units Break-even point in dolmale