Question: Roadside Inc would like to launch a new solar powered flashlight. The board of directors is dubious, and says that it will only approve the

Roadside Inc would like to launch a new solar powered flashlight. The board of directors is dubious, and says that it will only approve the project if management can show the venture producing at least $175,000 in profit in the first year. Management estimates fixed costs at $277,837 for the first year. Variable cost will be $15.11 per unit, and a consultant thinks that the light could sell for $22.76 each. Calculate annual breakeven sales in units for the solar powered flashlight including the required profit of $175,000. (Round your answer to the nearest tenth of a unit.)

Showing how you got the answer will help the most!

THE SPECIFIC SUBJECT OF THIS QUESTION IS MARKETING METRICS.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!