A. 87.5%

B. $50

Need help with C - G, pretty sure A and B are correct though. Please show each step so I can understand. Thanks in advance!

Question 6 (10 points) The following data pertain to costs and revenue estimates for a proposed new product (Extensia) to be manufactured b MI Electronics, Inc. (NOTE: The product is sold only through retailers. No wholesalers are involved) Costs: Market size & revenue estimates Ingredients (per unit) $8.50 Total market size (in units) 2,000,000 Packaging (per unit) $6.40 Total market size (in retail dollars) $300,000,000 Forecasted sales of Extensia (in Manufacturing (per unit) $4.50 units) 250,000 Selling price to retailers (i.e. Delivery (per unit) $4.00 revenue received by MI Electronics, Inc.) $80.00 Miscellaneous (per unit) $6.60 Fixed manufacturing overheads allocated to Extensia $2,500,000 General office overheads allocated to Extensia $1,500,000 Advertising. & promotion expenses for Extehsia $1,500,000 Compute the following: a) Retailers' margin percent (%) (1 pt) (Hint: You will need to determine an average retail price for Extensia] b) Contribution per unit earned by MI Electronics (1 pt) c) MI Electronics' contribution margin (1 pt) d) MI Electronics' breakeven volume in units (1.5 pts) e) MI Electronics' breakeven volume in dollars (1.5 pts) 1) MI Electronics' total contribution at the forecasted level of sales (2 pts) g) MI Electronics' breakeven share of market, i.e. its market share at the breakeven point (2 pts)