Question: Question 3. Use the contribution margin (CM) per unit and percent approaches in CVP analysis. Q.3.1 You work for a paper company, and they

Question 3. Use the contribution margin (CM) per unit and percent approaches

Question 3. Use the contribution margin (CM) per unit and percent approaches in CVP analysis. Q.3.1 You work for a paper company, and they sell 100 A4 sized papers as a single unit for $4.5, their variable cost per unit is $2.8, and total fixed cost including labour is $1,250. Determine their required sales in dollars for a targeted profit of $4,000. Insert answer here. Q.3.1 Robert works at a factory that produces perfumes. His company invested a total of $20,000 in fixed costs and $26 in variable costs per unit. Knowing that they sell each perfume for $70, calculate how many units they need to sell in order to achieve a targeted profit of $35,000. Insert answer here. Question 4. Use a financial calculator to execute CVP analysis. A boutique store sells each dress for $120, with a variable cost of $80 per dress, and total fixed costs of $10,000. Using a financial calculator, determine the number of dresses they need to sell in order to achieve a targeted profit of $35,000. Make sure to summarize the inputs below and explain how you used the financial calculator to get the answer. Insert answer here.

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