Question: step bu step please if possible use excel not by hand marketing Consumer Products International (CPI) is a health food company which recently discovered that
Consumer Products International (CPI) is a health food company which recently discovered that increased ... isoflavones (at least 500mg every 2 days) in a person's diet has been able to extend a person life span by at least 20 years. The company developed a new product called "Soy for Life" which is a tasty breakfast bar that contains 500mg of soy isoflavones in each bar. Cost of research and development for the product was $2,500,000. The breakfast bar market size is currently measured at 80million units which CPI served 50%. Initial taste tests concluded that consumers are unable to make any taste distinctions between a regular breakfast bar and the one that contains 500mg of isoflavones. CPI planes to launch this new breakfast bar initially across the United States using its current distribution channel of supermarket chains and health food stores which have 5,000 isoflavones combined. The company plans to expand the product market area to include South America, Europe and Asia and also intends to setup manufacturing plans in these expanded market areas. Consumer product international's fixed cost is currently at $1 million per year with the total cost to produce each breakfast bar at $1.35. The finding of several research studies has determined that consumers would be willing to pay $10.25 for "Soy for Life" breakfast at which the retail selling price would be targeted. The retailers margin is 40%, the wholesaler's margin is 15%. (Round partial units upward. Round percentages to one decimal point. Round currency to dollars and cents.) (A) what is the company's breakeven in units? (B) what is the company's breakeven in dollars? (C) what is the company's breakeven share of market as a percentage? help me solve this, explanation step by step thank you
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