M1Q3

Chandler Packaged Treats (CPT) sells a specialty pet food to pet stores. CPT management prides itseif on its scientific management methods. Applying those methods, the controller estimates the following monthly costs based on 10,000 units (produced and sold): Required: a. Compute CPT's unit selling price that will yield a profit of $138,000, given sales of 10,000 units. b. What dollar sales does CPT need to achieve to generate a 15 percent profit on sales, assuming variable costs per unit are 55 percent of the selling price per unit and fixed costs are $164,100. c. Management believes that a selling price of $100.00 per unit is reasonable given current market conditions. How many units must CPT sell to generate the revenues (dollar sales) determined in requirement (b)? Required: a. Compute CPT's unit selling price that will yield a profit of $138,000, given sales of 10,000 units. b. What dollar sales does CPT need to achieve to generate a 15 percent profit on sales, assuming variable costs per unit are 55 percent of the selling price per unit and fixed costs are $164,100. c. Management believes that a selling price of $100.00 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 CPT's unit selling price that will yieid a profit of $138,000, given sales of 10,000 units. Note: Round your answer to 2 decimal places. a. Compute CPT's unit selling price that will yield a profit of $138,000, given sales of 10,000 units. b. What dollar sales does CPT need to achieve to generate a 15 percent profit on sales, assuming variable costs per unit are 55 percent of the selling price per unit and fixed costs are $164,100. c. Management believes that a selling price of $100.00 per unit is reasonable given current market conditions. How many units n CPT sell to generate the revenues (dollar sales) determined in requirement (b) ? Complete this question by entering your answers in the tabs below. What dollar sales does CPT need to achieve to generate a 15 percent profit on sales, assuming variable costs per unit are 55 percent of the selling price per unit and fixed costs are $164,100. Required: a. Compute CPT's unit selling price that will yield a profit of $138,000, given sales of 10,000 units. b. What dollar sales does CPT need to achieve to generate a 15 percent profit on sales, assuming variable costs per unit are 55 percent of the selling price per unit and fixed costs are $164,100. c. Management believes that a selling price of $100.00 per unit is reasonable given current market conditions. How many units mus CPT sell to generate the revenues (dollar sales) determined in requirement (b) ? Complete this question by entering your answers in the tabs below. Management believes that a selling price of $100.00 per unit is reasonable given current market conditions. How many units must CPT sell to generate the revenues (dollar sales) determined in requirement (b) ? Note: Round your final answer to the nearest whole unit