Problem Algo CVP AnalyslsMlssing Data LO
Chandler Packaged Treats CPT sells a specialty pet food to pet stores. CPT management prides itself on its scientific management
methods. Applying those methods, the controller estimates the following monthly costs based on units produced and sold:
Requlred:
a Compute CPTs unit selling price that will yield a profit of $ given sales of units.
b What dollar sales does CPT need to achieve to generate a percent profit on sales, assuming variable costs per unit are
percent of the selling price per unit and fixed costs are $
c Management believes that a selling price of $ per unit is reasonable given current market conditions. How many units must
CPT sell to generate the revenues dollar sales determined in requirement b
Complete this question by entering your answers in the tabs below.
Compute CPTs unit selling price that will yield a profit of $ given sales of units.
Note: Round your answer to decimal places.
Selling price
