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pla show all work and explain all parts pla 1) net operating income/loss? 1b) break even point of units/ dollar sales Last year Anthony Fauci

pla show all work and explain all parts pla
1) net operating income/loss? image text in transcribed
1b) break even point of units/ dollar sales
image text in transcribed
Last year Anthony Fauci Ltd. Introduced a new product and sold 25,200 units of it at a price of $98 per unit. The product's variable expenses are $68 per unit and its fixed expenses are $837,000 per year. Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even point in unit sales and dollar sales? 3. Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units each $2 reduction in its selling price. If the company will only consider price reductions in increments of $2 (e.g., $68,$66, etc), wha is the maximum annual profit that it can earn on this product? What sales volume and selling price per unit generate the maximum profit? 4. What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3 ? Complete this question by entering your answers in the tabs below. What was this product's net operating income (loss) last year? Last year Anthony Fauci Lid. introduced a new product and sold 25,200 units of it at a price of $98 per unit. The product's variable expenses are $68 per unit and its fixed expenses are $837,000 per year. Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even point in unit sales and dollar sales? 3. Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5.000 units f each $2 reduction in its selling price. If the company will only consider price reductions in increments of $2(e,g.$68,$66, etc). what is the maximum annual profit that it can earn on this product? What sales volume and selling price per unit generate the maximum profit? 4. What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3 ? Complete this question by entering your answers in the tabs below. What is the product's break-even point in unit sales and dollar sales? (Do not round intermediate calculations.)

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