Last year Minden Company
Please show the math on how you find each answer, and please clearly state the final answer for each requirement. Also for requirement one, is the only one that makes me select a word and provide a number. Just so you know the small blue arrow to the left of the box signifies a number response, thank you so much!
Last year Minden Company introduced a new product and sold 14,000 units of it at a price of $80 per unit. The product's variable expenses are $50 per unit and its fixed expenses are $514 , 200 per year. Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even 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.g., \$78, $76 , 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 profit? 4. What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3 ? Complete this question by entering your answers in the tabs below. What was this product's net operating income (loss) last year? Last year Minden Company introduced a new product and sold 14,000 units of it at a price of $80 per unit. The product's variable expenses are $50 per unit and its fixed expenses are $514 , 200 per year. Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even 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.g., $78 , $76 , 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 profit? 4. What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3 ? Complete this question by entering your answers in the tabs below. What is the product's break-even point in unit sales and dollar sales? (Do not round intermediate calculations.) Last year Minden Company introduced a new product and sold 14,000 units of it at a price of $80 per unit. The product's variable expenses are $50 per unit and its fixed expenses are $514 , 200 per year. Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even 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 .
Last year Minden Company Please show the math on how you find each ans.docx
1. Last year Minden Company
Please show the math on how you find each answer, and please clearly state the final answer for
each requirement. Also for requirement one, is the only one that makes me select a word and
provide a number. Just so you know the small blue arrow to the left of the box signifies a number
response, thank you so much!
Last year Minden Company introduced a new product and sold 14,000 units of it at a price of
$80 per unit. The product's variable expenses are $50 per unit and its fixed expenses are $514 ,
200 per year. Required: 1. What was this product's net operating income (loss) last year? 2. What
is the product's break-even 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.g., $78, $76 , 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 profit? 4. What
would be the break-even point in unit sales and in dollar sales using the selling price that you
determined in requirement 3 ? Complete this question by entering your answers in the tabs
below. What was this product's net operating income (loss) last year? Last year Minden
Company introduced a new product and sold 14,000 units of it at a price of $80 per unit. The
product's variable expenses are $50 per unit and its fixed expenses are $514 , 200 per year.
Required: 1. What was this product's net operating income (loss) last year? 2. What is the
product's break-even 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.g., $78 , $76 , 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 profit? 4. What
would be the break-even point in unit sales and in dollar sales using the selling price that you
determined in requirement 3 ? Complete this question by entering your answers in the tabs
below. What is the product's break-even point in unit sales and dollar sales? (Do not round
intermediate calculations.) Last year Minden Company introduced a new product and sold
14,000 units of it at a price of $80 per unit. The product's variable expenses are $50 per unit and
its fixed expenses are $514 , 200 per year. Required: 1. What was this product's net operating
income (loss) last year? 2. What is the product's break-even 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.g., $78 , $76 , 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 profit? 4. What would be the break-even point in unit sales and in dollar
sales using the selling price that you determined in requirement 3 ? Complete this question by
entering your answers in the tabs below. 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.g., $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 profit? Last year Minden Company
introduced a new product and sold 14,000 units of it at a price of $80 per unit. The product's
variable expenses are $50 per unit and its fixed expenses are $514 , 200 per year. Required: 1.
2. What was this product's net operating income (loss) last year? 2. What is the product's break-
even 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.g., $78 , $76 , 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 profit? 4. What would be the
break-even point in unit sales and in dollar sales using the selling price that you determined in
requirement 3 ? Complete this question by entering your answers in the tabs below. What would
be the break-even point in unit sales and in dollar sales using the selling price that you
determined in requirement 3? (Do not round intermediate calculations.)