Requirement 1. Find (a) total sales revenue, (b) selling price, (c) rate of return on investment, and (d) markup percentage on full cost for this product. (a) The total sales revenue is 4830000 (Round your answer to the nearest cent) (b) The seling price per unit is 9.60 (Round the retum on investment to the nearest whole percent. X%) (6) The rate of nitum on investment is (d) Calculate the markup percentage on full cost for this product (Round your intermediary calculations to the nearest cent and the markup to the nearest hundredth percent XXXX%) The markup percentage on full cost for this produd is Requirement 2. The new CEO has a plan to reduce fixed costs by $250,000 and variable costs by 50.50 per unit while continuing to produce and sell 500.000 units. Using the same markup percentage as in requirement 1, calculate the new seling price. (Round temediary calculations to the nearest whole dollar and then round the new selling price to the nearest cont.) The new selling price is Requirement 3. Assume the CEO institutes the changes in requirement 2 including the new seling price. However, the reduction in variatre cost has resulted in lower product quality resulting in 5% fewer units being sold compared to before the change. Calculate operating Income (Poss) (Enier operating losses with a minus sign or parentheses) Operating income (loss)- Requirement 4. What concems, if any, other than the quality problem described in requirement 3, do you see in implementing the CEO's plan? Explain briefly OA. The CEO has not considered customers in these pricing decisions. The concem the CEO must ask is "Ws customers continue to want the product at these prices?" OB. The CEO has not considered outsourcing manufacturing work to decrease wages. The concem the CEO must ask is "Will outsourcing manufacturing cause the work to be lower quality?" OC. The CEO has not considered implementing an employes teamwork scenario. The concem the CEO must ask is "Will the employees be open to working on projects in a team setting?" OD. The CEO has not considered inflation in manufacturing supply prices. The concem the CEO must ask is "Will they be forced to raise prices due to inflation but competitors not raise prices? Data table - X rce Total sales revenues ? Number of units produced and sold 500,000 units Selling price ? pro to Operating income $ 230,000 Total investment in assets $ 2,500,000 xed c eares Variable cost per unit $ 3.50 uce Fixed costs for the year $ 2,850,000 nges in erating Print Done ble co