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What was this products not operating income loss last year ES Last year Minden Company introduced a new product and sold 25 500 units of

What was this products not operating income loss last year

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ES Last year Minden Company introduced a new product and sold 25 500 units of it at a price of $94 per unit. The prod-'ucts variable expenses are $64 per unit and its xed expenses are $830 400 per year Required: - 1 What was this product's net operating income (loss) last year? 2. What is the product's breakeven point in unit sales and dollar sales? 3. Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5 000 units for each $2 reduction in its selling price. If the company will only consider price reductions in increments of $2 {e 9. $68 $66, etc) what is the maximum annual profit that it can earn on this product? What sales volume and selling price per unit generate the maximum rot? . 3. What would be the break- even point in unit sales and in dollar sales using the selling price that you determined in requirement 3? Z . Requiredl ; Required2 ReclulredB E' Requiredd ' what was this product's net: operating income (loss) last: year? I I: I " Required? )

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