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) The manager of Newell, Inc. is considering raising its current price of S30 per unit by 10% if he does so, he estimates that
) The manager of Newell, Inc. is considering raising its current price of S30 per unit by 10% if he does so, he estimates that demand will decrease by 20,000 per units. Currently Newell sells 50,000 units per month, each of which costs $25 in variable costs. Fixed costs are $180,000. a. What is the current profit? b. If the manager raises the price, what will the profit be? )Hodges, Inc. sell lawn ornaments for $30.30 each. The variable cost per unit is $14.30 and the total ixed cost is $13,744. They can produce up to 2,500 omaments a year. a. What is the total contribution margin at breakeven? b. What income would they have if sales were 1.290 ornaments
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