1) Executives of Studio Recordings, Inc. produced the latest compact disc by the Starshine Sisters...

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1) Executives of Studio Recordings, Inc. produced the latest compact disc by the Starshine Sisters Band. The following cost information pertains to the new CD: CD package and disc [direct material and labor) Songwriters' royalties Recording artists' royalties Advertising and promotion Studio rent Selling price to CD distributor $1.25/CD S0.35/CD S1.00/CD 275,000 250,000 9.00 Calculate the following: a) contributipn per unit b) break-even volume in CD units and dollars c) net profit if 1 million CDs were sold d) pecessary CD unit volume to achieve a S200,000 profit e) the percentage share of the market that the CD has to achieve to earn $200,000 profit, assuming the total market for the CD is 250,000 units. 2) Jack owns a pizza place, where he works as the pizza chef. He pays himself a salary of $1,500. Jack has calculated that one pizza requires $0.50 worth of flour, $0.05 worth of yeast, $0.01 worth of water, $3.00 worth of cheese, and $2.00 worth of pepperoni to mak rent, $200 for insurance, $450 for utilities, and S500 for advertising. If Jack sells one pizza for $10, how many pizzas does he need to sell in a month to break even? e. Jack also pays $3,000 for 3) The MB compan manufactures a single product- product X. A unit of productX is sold to customers for $80. The per unit variable expense and the total expected fixed expenses for the first quarter of the year 2012 are as follows: .Variable expenses to manufacture and sell a unit of product X: $50 Total fixed expenses for the first quarter of the year 2012: $40,000 The company wants to earn a profit of S80,000 for the first quarter of the year 2012. Calculate the number of units the company needs to sell to meet this profit goal

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