Business, 28.11.2019 21:31 fernandezvela27

Backus inc. makes and sells many consumer products. the firm’s average contribution margin ratio is 35%. management is considering adding a new product that will require an additional $15,000 per month of fixed expenses and will have variable expenses of $7.80 per unit. required: calculate the selling price that will be required for the new product if it is to have a contribution margin ratio equal to 35%. calculate the number of units of the new product that would have to be sold if the new product is to increase the firm’s monthly operating income by $6,000. (do not round intermediate calculations.)

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Backus inc. makes and sells many consumer products. the firm’s average contribution margin ratio is...

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