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Take me to the text Hermione Corporation forecasts that next year it can sell 39,000 units of its toaster ovens (for $1,053,000 ) in the
Take me to the text Hermione Corporation forecasts that next year it can sell 39,000 units of its toaster ovens (for $1,053,000 ) in the open market. The expected contribution margin ratio is 50%. Fixed costs are estimated to be $380,000. Do not enter dollar signs or commas in the input boxes. a) What is the selling price per unit? Round your answer to 2 decimal places. Selling Price: b) Calculate the contribution margin if 33,000 units are produced and sold. Round your answer to the nearest whole number. Contribution Margin: c) Calculate the contribution margin per unit. Round your answer to 2 decimal places. CM per unit: d) If the company decides to sell its products in the open market, determine the amount of units required to break-even. Round up to the nearest whole unit. Break-Even Units: e) Determine the operating income if 35,000 units are produced and sold. Round your answer to the nearest whole number. Operating Income: f) Determine the amount of revenue that needs to be generated to yield an operating income of $83,000. Round your answer to the nearest whole number. Revenue: Take me to the text Hermione Corporation forecasts that next year it can sell 39,000 units of its toaster ovens (for $1,053,000 ) in the open market. The expected contribution margin ratio is 50%. Fixed costs are estimated to be $380,000. Do not enter dollar signs or commas in the input boxes. a) What is the selling price per unit? Round your answer to 2 decimal places. Selling Price: b) Calculate the contribution margin if 33,000 units are produced and sold. Round your answer to the nearest whole number. Contribution Margin: c) Calculate the contribution margin per unit. Round your answer to 2 decimal places. CM per unit: d) If the company decides to sell its products in the open market, determine the amount of units required to break-even. Round up to the nearest whole unit. Break-Even Units: e) Determine the operating income if 35,000 units are produced and sold. Round your answer to the nearest whole number. Operating Income: f) Determine the amount of revenue that needs to be generated to yield an operating income of $83,000. Round your answer to the nearest whole number. Revenue
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