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please show work, thank you Q7. What is the average gross profit margin in dollars for a firm that sells the following four products? [1.5
please show work, thank you
Q7. What is the average gross profit margin in dollars for a firm that sells the following four products? [1.5 pts) (Use this table also for questions 9 & 10.) Product COGS Price Models Model 3 $60,000 $20,000 $80,000 $40,000 $85,000 $40,000 Model X $55,000 Model Y $23,000 09. If you were required to do so, a) which product would you remove from the portfolio (i.e. you stop making and selling that product) (1 pt)?, and b) what would be the new average profit margin for the firm (in %) if you removed it? [1.5 pts] a) Model b) % 010. For the following product: Price = $70.00 Fixed costs $30,000.00 $10.00 Variable cost/unit a) Calculate the breakeven quantity (# of units sold). [1 pt] b) If the company sells, on average, 60 products every month, how many months will be needed to breakeven? [1 pt) Step by Step Solution
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