Question: Need help with answer for the three wrong blocks: 8 Problem 6-19 Break-Even Analysis; Pricing (LO6-1, LO6-4, LO6-5] Points 5 points Minden Company introduced a

Need help with answer for the three wrong blocks:

Need help with answer for the three wrong blocks: 8 Problem 6-19Break-Even Analysis; Pricing (LO6-1, LO6-4, LO6-5] Points 5 points Minden Company introduced

8 Problem 6-19 Break-Even Analysis; Pricing (LO6-1, LO6-4, LO6-5] Points 5 points Minden Company introduced a new product last year for which it is trying to find an optimal selling price. Marketing studies suggest that the company can increase sales by 5,000 units for each $2 reduction in the selling price. The company's present selling price is $91 per unit, and variable expenses are $61 per unit. Fixed expenses are $838,800 per year. The present annual sales volume (at the $91 selling price) is 25,600 units. Required: 1. What is the present yearly net operating income or loss? 2. What is the present break-even point in unit sales and in dollar sales? 3. Assuming that the marketing studies are correct, what is the maximum annual profit that the company can earn? At how many units and at what selling price per unit would the company generate this profit? 4. What would be the break-even point in unit sales and in dollar sales using the selling price you determined in (3) above (e.g., the selling price at the level of maximum profits)? X Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Assuming that the marketing studies are correct, what is the maximum annual profit that the company can earn? At how many units and at what selling price per unit would the company generate this profit? $ 173,200 Maximum annual profit Number of units Selling price per unit 50,600 82 x 8 Problem 6-19 Break-Even Analysis; Pricing (LO6-1, LO6-4, LO6-5) 5 points Minden Company introduced a new product last year for which it is trying to find an optimal selling price. Marketing studies suggest that the company can increase sales by 5,000 units for each $2 reduction in the selling price. The company's present selling price is $91 per unit, and variable expenses are $61 per unit. Fixed expenses are $838,800 per year. The present annual sales volume (at the $91 selling price) is 25,600 units, Required: 1. What is the present yearly net operating income or loss? 2. What is the present break-even point in unit sales and in dollar sales? 3. Assuming that the marketing studies are correct, what is the maximum annual profit that the company can earn? At how many units and at what selling price per unit would the company generate this profit? 4. What would be the break-even point in unit sales and in dollar sales using the selling price you determined in (3) above (e.g., the selling price at the level of maximum profits)? % Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What would be the break-even point in unit sales and in dollar sales using the selling price you determined In Required (3) (e.g., the selling price at the level of maximum profits)? (Do not round intermediate calculations.) 41.640 X Break-even point in units Break-even point in dollar sales 3,439,114

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