Are these answers correct? II(28) SZA - I Hate U (Visualizs X +1/1om/ilrn/takeAssignment/takeAssignmentMam.ao?inprogress=trueMarchete 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.CurrentUnits sold940Sales Price per Unit$130Variable Cost per Unit66$$31Contribution Margin per UnitFixed Costs$26,412Break-Even (in units)852Break-Even (in dollars)$110,760Sales$122,200Variable Costs090$Contribution Margin$29,140Fixed Costs$26,412Net Income (loss)$2,728If 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 PriceBreak-even (in units)852Break-even (in dollars) $110,760(PreviousSubmit Test for GradingAll work saved.1030 AM26°F Sunny A O3/4/2022dyhomepuadeletef12prt sc144

In Marginal Costing we get contribution margin by…

ompany 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

ompany 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

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 8EA: Marchete Company produces a single product. They have recently received the results of a market...

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