Question: Fixed costs: $540,000 Price per unit: $150 Variable cost per unit: $105 From 2016-2021, MaGeT 300s revenues have grown at a 3.5% CAGR, with last
- Fixed costs: $540,000
- Price per unit: $150
- Variable cost per unit: $105
From 2016-2021, MaGeT 300s revenues have grown at a 3.5% CAGR, with last years sales recorded at $4,500,000. Help MaGeT 300 leadership team form a revenue-projection budget for 2022 by assuming the company revenues will grow at the 5-year CAGR
- What would the revenue projection for 2022 be? $
- How many units will MaGeT 300 need to sell to reach that revenue goal? units
- What is the contribution rate? $
- What would the projected gross income for 2022 be in this budget? $
- What would the projected operating income for 2022 be in this budget?
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