Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please hurry needs to be submitted soon 2. Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove, sells for $50
please hurry needs to be submitted soon
2. Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove, sells for $50 per unit. Variable expenses are $32 per stove, and fixed expenses associated with the stove total s108 per month. Use this information to provide the requested values: Requirement Calculation Result A. What is the breakeven point in terms of units sold? 32/5558 108/.58-186.21 186.21/50-3.72 3.72 B. What is the contribution margin ratio (CMR)? 50-32-18 18 c. What is the total revenue required to achieve a target profit of $929 3. Will the breakeven point increase, decrease, or stay the same for the following changes Change BEP Up, Down, or Same? The sales price increases Total fixed costs increase Variable cost per unit increases Total demand decreases Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started