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Question 3. Use the contribution margin (CM) per unit and percent approaches in CVP analysis. Q.3.1 You work for a paper company, and they
Question 3. Use the contribution margin (CM) per unit and percent approaches in CVP analysis. Q.3.1 You work for a paper company, and they sell 100 A4 sized papers as a single unit for $4.5, their variable cost per unit is $2.8, and total fixed cost including labour is $1,250. Determine their required sales in dollars for a targeted profit of $4,000. Insert answer here. Q.3.1 Robert works at a factory that produces perfumes. His company invested a total of $20,000 in fixed costs and $26 in variable costs per unit. Knowing that they sell each perfume for $70, calculate how many units they need to sell in order to achieve a targeted profit of $35,000. Insert answer here. Question 4. Use a financial calculator to execute CVP analysis. A boutique store sells each dress for $120, with a variable cost of $80 per dress, and total fixed costs of $10,000. Using a financial calculator, determine the number of dresses they need to sell in order to achieve a targeted profit of $35,000. Make sure to summarize the inputs below and explain how you used the financial calculator to get the answer. Insert answer here.
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