Brett Gable is evaluating a business opportunity to sell premium car wax at vintage car...
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Brett Gable is evaluating a business opportunity to sell premium car wax at vintage car shows. The wax is sold in 64-ounce tubs. Brett can buy the premium wax at a wholesale cost of $32 per tub. He plans to sell the premium wax for $62 per tub. He estimates fixed costs such as travel costs, booth rental cost, and lodging to be $600 per car show. Read the requirements Requirement 1. Determine the number of tubs Brett must sell per show to break even. Begin by identifying the formula to compute the sales in units at various levels of operating income using the contribution margin approach. - Sales in units Brett must sell tubs per show to breakeven. Requirement 2a. Determine the sales volume in units necessary to earn the desired profit assuming Brett wants to earn a profit of $900 per show. Brett must sell tubs per show to eam a profit of $900 per show b. Determine the sales volume in dollars necessary to earn the desired profit assuming Brett wants to earn a profit of 900 per show Begin by identifying the formula to compute the sales volume in dollars necessary to earn the desired profit. Target sales in dollars Choose from any list or enter any number in the input fields and then continue to the next
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