Price per Unit $120 le Cost per Unit $97 bution Margin per Unit $23 Costs $19,642 -Even (in units) 854 -Even (in dollars) $102,480 $114,000 ble Costs $92,150 ibution Margin $21,850 Costs $19,642 ncome (loss) $2,208 y 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 num New Price k-even (in units)
Price per Unit $120 le Cost per Unit $97 bution Margin per Unit $23 Costs $19,642 -Even (in units) 854 -Even (in dollars) $102,480 $114,000 ble Costs $92,150 ibution Margin $21,850 Costs $19,642 ncome (loss) $2,208 y 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 num New Price k-even (in units)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:3 Assignment - ACCT-2 X
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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
950
Sales Price per Unit
$120
Variable Cost per Unit
$97
Contribution Margin per Unit
$23
Fixed Costs
$19,642
Break-Even (in units)
854
Break-Even (in dollars)
$102,480
Sales
$114,000
Variable Costs
$92,150
Contribution Margin
$21,850
Fixed Costs
$19,642
Net Income (loss)
$2,208
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)
Break-even (in dollars) $
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