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NewVita sells its products to independent wholesalers who then sell to retailers. The wholesalers earn 60% margins and the retailers average 25% margins. Current retail
NewVita sells its products to independent wholesalers who then sell to retailers. The wholesalers earn 60% margins and the retailers average 25% margins. Current retail selling price for each pack of vitamins is $20. As the manufacturer, NewVita's variable cost is $2 per pack. Its Fixed Costs for the year are $2,400,000. How many units must NewVita sell in order to breakeven at the end of the year? (Enter your answer in whole units. For example enter 10.2 million as 10,200,000) You may need to use information provided in a previous question to make your calculations. Same Hint: Remember, the gross margin for wholesalers and retailers are based on their respective selling price and not the final retail price
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