Question: Given the following information, answer the questions below. Be sure to show your calculations. Selling Price/Unit = $46.00 Variable Cost/Unit = $21.14 Total Fixed Cost

Given the following information, answer the questions below. Be sure to show your calculations.

Selling Price/Unit = $46.00

Variable Cost/Unit = $21.14

Total Fixed Cost = $18,178.00

  1. What is the yearly breakeven point in units for the Lucky Brand Beaded Bracelet?

  2. Assuming that Lucky Brand Designs distributes its bracelets through 30 retailers, is this breakeven point feasible? Provide a yes or no answer and your reasoning. Assuming that your answer is No, what advice would you provide to Lucky Brand?

  3. What is the breakeven point in dollars for the Lucky Brand Beaded Bracelet?

  4. Assume that the producers of the Lucky Brand Beaded Bracelet wanted to earn a profit of $24,000 for the year. What is the target profit breakeven point in units?

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