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Total of 5 Million bags were sold. The bags will be sold in retail stores at a price of $50 per unit and Retailers need
Total of 5 Million bags were sold. The bags will be sold in retail stores at a price of $50 per unit and Retailers need a 20% Margin. Manufacturing cost of bag is $15 per unit and packaging cost are $6 per unit and company bought Machinery = $2.5 Million and spent money on Advertising = $800, 000, salesperson will receive 10% per unit Commission and Salaries of employees directly involved is $700,000.
Calculate Manufacturers selling price
Fixed costs
Variable costs per unit
Break even quantity (Volume in units)
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