Question
WeedAway sells a weed trimmer for $292.00 each, and makes the product for variable costs of 154.90 per unit. WeedAway is thinking about cutting its
WeedAway sells a weed trimmer for $292.00 each, and makes the product for variable costs of 154.90 per unit. WeedAway is thinking about cutting its selling price by -$17.23. Calculate the percent profit breakeven metric for this proposed price cut. Report the correct sign for the result. Report your answer as a percent. Report -25.5%, for example, as "-25.5". Rounding: tenth of a percent.
RoboGarden sells a robot lawn aerator. At the current price, RoboGarden's contribution margin is $151.87 per unit. Because of a shortage of silicon chips, RoboGarden expects variable cost to increase by $11.20. In response, RoboGarden is thinking about raising its selling price by $31.28. Calculate the percent profit breakeven metric for this situation. Report the correct sign for the result. Report your answer as a percent. Report -25.5%, for example, as "-25.5". Rounding: tenth of a percent.
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