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please show work. very confused Exercise 3: Margins (10 points) The product manager for ointments at NAT Corporation shared financial data from 2022 (see table
please show work. very confused
Exercise 3: Margins (10 points) The product manager for ointments at NAT Corporation shared financial data from 2022 (see table below). She has proposed a 10\% price reduction, and her marketing research indicates sales volume will increase by 600,000 units next year with the price cut. Answer the following: a. What is the new "Unit Price" if 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-Away 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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