Hermione Corporation forecasts that next year it can sell 27,000 units of its toaster ovens (for...

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Hermione Corporation forecasts that next year it can sell 27,000 units of its toaster ovens (for $864,000) in the open market. The expected contribution margin ratio is 55%. Fixed costs are estimated to be $470,000. Do not enter dollar signs.or.commas in the input boxes. a) What is the selling price per unit? Bound your answer.to.2 decimal places. Selling Price: $ b) Calculate the contribution margin if 28,000 units are produced and sold. Bound your answer to the nearest whole number. Contribution Margin: $ ) Calculate the contribution margin per unit. Round your answer to 2 decimal.places. CM per unit: S d) If the company decides to sell its products in the open market, determine the amount of units required to break even. Round up to the neatest.whole.unit. Break-Even Units ) Calculate the contribution margin per unit. Round your answer to 2 decimal places, CM per unit: $ d) If the company decides to sell its products in the open market, determine the amount of units required to break-even. Bound up to the nearest whole unit. Break-Even Units: e) Determine the operating income if 37,000 units are produced and sold. Round your answer to the nearest whole number. Operating Income: $ f) Determine the amount of revenue that needs to be generated to yield an operating income of $84,000. Round your answer to the nearest whole number. Revenue: $ Check Note: The "check" button does not submit your attempt To suhmit the attemnt Hermione Corporation forecasts that next year it can sell 27,000 units of its toaster ovens (for $864,000) in the open market. The expected contribution margin ratio is 55%. Fixed costs are estimated to be $470,000. Do not enter dollar signs.or.commas in the input boxes. a) What is the selling price per unit? Bound your answer.to.2 decimal places. Selling Price: $ b) Calculate the contribution margin if 28,000 units are produced and sold. Bound your answer to the nearest whole number. Contribution Margin: $ ) Calculate the contribution margin per unit. Round your answer to 2 decimal.places. CM per unit: S d) If the company decides to sell its products in the open market, determine the amount of units required to break even. Round up to the neatest.whole.unit. Break-Even Units ) Calculate the contribution margin per unit. Round your answer to 2 decimal places, CM per unit: $ d) If the company decides to sell its products in the open market, determine the amount of units required to break-even. Bound up to the nearest whole unit. Break-Even Units: e) Determine the operating income if 37,000 units are produced and sold. Round your answer to the nearest whole number. Operating Income: $ f) Determine the amount of revenue that needs to be generated to yield an operating income of $84,000. Round your answer to the nearest whole number. Revenue: $ Check Note: The "check" button does not submit your attempt To suhmit the attemnt

Answer rating: 100% (QA)

a Selling Price per unit Total Sales Total Units Sold It will be 864000... View the full answer