Question: PLEASE SHOW WORK Instructions: Answer all 3 questions Show work in space provided 1. (25%) Green Day, a country band, has just launched their new
PLEASE SHOW WORK
Instructions: Answer all 3 questions Show work in space provided 1. (25%) Green Day, a country band, has just launched their new album, Trash. The cost information for the new album and the launch is: . CD package and disc (material and labor) $0.50 per album Songwriter's royalties $0.15 per album Recording artists' royalties $0.50 per album Advertising and promotion $250,000 . Studio rental and overhead $150,000 Green Day' selling price for the album is $8.00. Calculate the following: a. Contribution per unit of the album: b. Breakeven sales in units and dollars: c. Profit if 500,000 albums are sold: d. Number of albums that must be sold to achieve a profit of $100,000
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