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Use the information provided in the table below for questions 3 and 4 Item Value Units Sold 100,000 Unit Cost $40 Target Return on Sales
Use the information provided in the table below for questions 3 and 4 Item Value Units Sold 100,000 Unit Cost $40 Target Return on Sales 10% Advertising $1,500,000 Consumer Promotion $1,800,000 Personal Selling 5 salespeople @ $80k each Dealer Promotion $1,200,000 Product Development $700,000 3 Calculate the break-even price! 4. What would the selling price have to be to get the target return?Break-Even Analysis Follow the steps below to answer the questions a. Write down the formula b. Indicate what values are substituted into the parameters C. Calculate the final result Questions Use sales of 100,000 units in questions 1 and 2 1. With a variable cost of $30 and fixed expenses of $3.500,000, what is the break-even price? 2. If the break-even price is $60, and your target return on sales is 20%, what is the selling price
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