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II (28) SZA - I Hate U (Visualizs X + 1/1 om/ilrn/takeAssignment/takeAssignmentMam.ao?inprogress=true Marchete Company produces a single product. They have recently received the results of a market survey that indicates that they can increase the retail price of their product by 10% without losing customers or market share. All other costs will remain unchanged. Their most recent CVP analysis is presented below. Current Units sold 940 Sales Price per Unit $130 Variable Cost per Unit 66$ $31 Contribution Margin per Unit Fixed Costs $26,412 Break-Even (in units) 852 Break-Even (in dollars) $110,760 Sales $122,200 Variable Costs 090$ Contribution Margin $29,140 Fixed Costs $26,412 Net Income (loss) $2,728 If they enact the 10% price increase, what will be their new break-even point in units and dollars? If required, round final answers to nearest whole number. New Price Break-even (in units) 852 Break-even (in dollars) $ 110,760 (Previous Submit Test for Grading All work saved. 1030 AM 26°F Sunny A O 3/4/2022 dy home pua delete f12 prt sc 144

II (28) SZA - I Hate U (Visualizs X + 1/1 om/ilrn/takeAssignment/takeAssignmentMam.ao?inprogress=true Marchete Company produces a single product. They have recently received the results of a market survey that indicates that they can increase the retail price of their product by 10% without losing customers or market share. All other costs will remain unchanged. Their most recent CVP analysis is presented below. Current Units sold 940 Sales Price per Unit $130 Variable Cost per Unit 66$ $31 Contribution Margin per Unit Fixed Costs $26,412 Break-Even (in units) 852 Break-Even (in dollars) $110,760 Sales $122,200 Variable Costs 090$ Contribution Margin $29,140 Fixed Costs $26,412 Net Income (loss) $2,728 If they enact the 10% price increase, what will be their new break-even point in units and dollars? If required, round final answers to nearest whole number. New Price Break-even (in units) 852 Break-even (in dollars) $ 110,760 (Previous Submit Test for Grading All work saved. 1030 AM 26°F Sunny A O 3/4/2022 dy home pua delete f12 prt sc 144

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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II (28) SZA - I Hate U (Visualizs X + 1/1 om/ilrn/takeAssignment/takeAssignmentMam.ao?inprogress=true Marchete Company produces a single product. They have recently received the results of a market survey that indicates that they can increase the retail price of their product by 10% without losing customers or market share. All other costs will remain unchanged. Their most recent CVP analysis is presented below. Current Units sold 940 Sales Price per Unit $130 Variable Cost per Unit 66$ $31 Contribution Margin per Unit Fixed Costs $26,412 Break-Even (in units) 852 Break-Even (in dollars) $110,760 Sales $122,200 Variable Costs 090$ Contribution Margin $29,140 Fixed Costs $26,412 Net Income (loss) $2,728 If they enact the 10% price increase, what will be their new break-even point in units and dollars? If required, round final answers to nearest whole number. New Price Break-even (in units) 852 Break-even (in dollars) $ 110,760 (Previous Submit Test for Grading All work saved. 1030 AM 26°F Sunny A O 3/4/2022 dy home pua delete f12 prt sc 144
Transcribed Image Text:II (28) SZA - I Hate U (Visualizs X + 1/1 om/ilrn/takeAssignment/takeAssignmentMam.ao?inprogress=true Marchete Company produces a single product. They have recently received the results of a market survey that indicates that they can increase the retail price of their product by 10% without losing customers or market share. All other costs will remain unchanged. Their most recent CVP analysis is presented below. Current Units sold 940 Sales Price per Unit $130 Variable Cost per Unit 66$ $31 Contribution Margin per Unit Fixed Costs $26,412 Break-Even (in units) 852 Break-Even (in dollars) $110,760 Sales $122,200 Variable Costs 090$ Contribution Margin $29,140 Fixed Costs $26,412 Net Income (loss) $2,728 If they enact the 10% price increase, what will be their new break-even point in units and dollars? If required, round final answers to nearest whole number. New Price Break-even (in units) 852 Break-even (in dollars) $ 110,760 (Previous Submit Test for Grading All work saved. 1030 AM 26°F Sunny A O 3/4/2022 dy home pua delete f12 prt sc 144
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