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Consider the following financial data for Fortnite Corp:Projected Sales per month = 150,000 unitsSelling...Consider...

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Accounting

Consider the following financial data for Fortnite Corp:

Projected Sales per month = 150,000 units

Selling Price = $19.95 per unit

Expenses:

Raw Material = $7.50 per unit

Assembly labor = $5.00 per unit

Operating Expenses = $125,000 per month

Marketing = $18,500

a.) What is the gross profit per unit? b.) What is the totalindirect expense for the month? c.) What is the breakeven salesprice per unit? d.) What is the breakeven volume (units/month) at asales price of $14.95 per unit? e.) What should the unit salesprice be to achieve a 33% NET profit?

Answer & Explanation Solved by verified expert
4.2 Ratings (804 Votes)
a Cost of goods sold per unit Raw material per unit Assembly labour per unit 75 5 125 Gross profit per unit Selling price per unit Cost of goods sold per unit 1995 125 745 b Total indirect expense for the    See Answer
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In: AccountingConsider the following financial data for Fortnite Corp:Projected Sales per month = 150,000 unitsSelling...Consider the following financial data for Fortnite Corp:Projected Sales per month = 150,000 unitsSelling Price = $19.95 per unitExpenses:Raw Material = $7.50 per unitAssembly labor = $5.00 per unitOperating Expenses = $125,000 per monthMarketing = $18,500a.) What is the gross profit per unit? b.) What is the totalindirect expense for the month? c.) What is the breakeven salesprice per unit? d.) What is the breakeven volume (units/month) at asales price of $14.95 per unit? e.) What should the unit salesprice be to achieve a 33% NET profit?

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