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Please explain how you got each answer Minden Company introduced a new product last year for which it is trying to find an optimal selling

image text in transcribedimage text in transcribedimage text in transcribedPlease explain how you got each answer

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 $100 per unit, and variable expenses are $70 per unit Fixed expenses are $832,800 per year. The present annual sales volume (at the $100 selling price) is 25,900 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? Break-even point in units Break-even point in dollar sales 3. Assuming that the marketing studies are correct, what is the maximum annual profit that the company

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