QUESTION 2 Hall Company had sales of $1,500 on 60 units. Variable costs totaled $720, and...

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QUESTION 2 Hall Company had sales of $1,500 on 60 units. Variable costs totaled $720, and fixed costs were $500. A new raw material is available that will decrease the variable cost per unit by 20%. However, fixed operating costs will increase by $50 to process the new raw material. Management wants one-half of the decline in variable costs per unit to be passed on to Customers as a sales price reduction. The marketing department expects that this sales price reduction will result in a 5% increase in the number of units sold. Please answer questions (a) to (g) based on the above information. a) What is the contribution margin per unit? (2 points) QUESTION 3 b) What is the net income for the year without considering the new material? (4 points) QUESTION 4 c) What is the break-even sale? (2 points) QUESTION 5 d) How many units will be sold under this plan? (2 points) QUESTION 6 e) What is the new sales price per unit? (4 points) QUESTION 7 f) What is the new contribution margin per unit? (2 points) QUESTION 8 g) What is the net income under this plan? (4 points) Click Save and Submit to save and submit. Click Save All Answers to save all answers. QUESTION 2 Hall Company had sales of $1,500 on 60 units. Variable costs totaled $720, and fixed costs were $500. A new raw material is available that will decrease the variable cost per unit by 20%. However, fixed operating costs will increase by $50 to process the new raw material. Management wants one-half of the decline in variable costs per unit to be passed on to Customers as a sales price reduction. The marketing department expects that this sales price reduction will result in a 5% increase in the number of units sold. Please answer questions (a) to (g) based on the above information. a) What is the contribution margin per unit? (2 points) QUESTION 3 b) What is the net income for the year without considering the new material? (4 points) QUESTION 4 c) What is the break-even sale? (2 points) QUESTION 5 d) How many units will be sold under this plan? (2 points) QUESTION 6 e) What is the new sales price per unit? (4 points) QUESTION 7 f) What is the new contribution margin per unit? (2 points) QUESTION 8 g) What is the net income under this plan? (4 points) Click Save and Submit to save and submit. Click Save All Answers to save all answers.