Nike is a company that produces a variety of branded shoes. The table below shows...
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Accounting
Nike is a company that produces a variety of branded shoes. The table below shows selected data relevant to CVP analysis of Nike.
a. Fill in the incomplete cells then give your analysis regarding the company's condition. Please show how each number in the cell is obtained and explain the result!
b. Explain which scheme is the best for the company
No Variable Cost/ Unit Unit Sold Contribution Margin (total $) Fixed Cost Profit (Loss) Selling Price/ Unit ($) 50 40 55 5,500 55,000 43,000 40,000 1 2 3 4 24 30 40 105,000 25,000 (7,000) 45,000 3,000 70,000
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