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Calculate the total profit for the company

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Reference no: EM132655578

A firm is able to sell 25,000 units at $ 10 per piece. The company fixed cost is $50,000. Variable cost is $5 per unit.

Question a. What is the contribution per unit?

Question b. What is the breakeven sales in $? What is the breakeven sale in units?

Question c. What is the markup on sales price? What is the mark up on total cost?

They raise the price to $15 and demand drops to 15000.

Question d. Calculate the price elasticity.

Question e. What is the new markup (profit margin %) on the sales price ($15)?

Question f. What is the new mark up (profit margin %) on total cost?

Question g. Calculate the total profit for this company as well as the profit per each toy sold.

Question h. Are they better off raising the price?

Reference no: EM132655578

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