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Please show work. I dont understand and could really use the help Xrercise 3: Margins (10 points) he product manager for ointments at NAT Corporation
Please show work. I dont understand and could really use the help
Xrercise 3: Margins (10 points) he product manager for ointments at NAT Corporation shared financial data from 2022 (see table below). She as proposed a 10% price reduction, and her marketing research indicates sales volume will increase by 00,000 units next year with the price cut. Answer the following: a. vinatis une new unit price" it there is a 10% price reduction? b. Using the "Proposed Changes" figures for Unit price and Unit Variable cost, what is the Unit gross profit margin? Explain what this figure means "in English." c. If 2022 Unit Volume was 1,000,000 units, how many are expected to be sold at the lower price? d. Using your answers from Parts A-B-C above, calculate the TOTAL Gross Profit Margin for Rash-Aw if the price is cut by 10%. e. Calculate the TOTAL Gross Profit Margin from 2022. f. Based on your answers to part D and E, do you recommend the price cut? Why or why not Step by Step Solution
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