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Requirement 3. Competition has forced Dream Foot to lower its sales price to $9 a pair. How will this affect Dream's breakeven point? (Round your
Requirement 3. Competition has forced Dream Foot to lower its sales price to $9 a pair. How will this affect Dream's breakeven point? (Round your answer up to the next whole number.) Dream's new breakeven point units. to Requirement 4. To compensate for the lower sales price, Dream Foot wants to expand its product line to include men's dress socks. Each pair will sell for $7.00 and cost $3 from the supplier. Fixed costs will not change. Dream expects to sell four pairs of dress socks for every one pair of hiking socks (at its new $9 sales price). What is Dream's weighted-average contribution margin per unit? Given the 4:1 sales mix, how many of each type of sock will it need to sell to breakeven? Complete the following table to compute the weighted-average contribution margin per unit. (Enter all amounts to the nearest cent.) Hiking socks Dress socks Total Less: Weighted-average contribution margin per unit Choose from any list or enter any number in the input fields and then continue to the next question. Requirement 3. Competition has forced Dream Foot to lower its sales price to $9 a pair. How will this affect Dream's breakeven point? (Round your answer up to the next whole number.) Dream's new breakeven point units. to Requirement 4. To compensate for the lower sales price, Dream Foot wants to expand its product line to include men's dress socks. Each pair will sell for $7.00 and cost $3 from the supplier. Fixed costs will not change. Dream expects to sell four pairs of dress socks for every one pair of hiking socks (at its new $9 sales price). What is Dream's weighted-average contribution margin per unit? Given the 4:1 sales mix, how many of each type of sock will it need to sell to breakeven? Complete the following table to compute the weighted-average contribution margin per unit. (Enter all amounts to the nearest cent.) Hiking socks Dress socks Total Less: Weighted-average contribution margin per unit Choose from any list or enter any number in the input fields and then continue to the next
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