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Author Question: Tarfex Tech intended to sell a new product in order to keep up with customer demands. The product ... (Read 2272 times)

fbq8i

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Question 1

Darby is running a flower stand, and is selling a single bouquet for $31.50. Her contribution margin is $24.57 per bouquet and the breakeven sales in dollars for Darby's flower stand are $700 per day. How much can she pay per day in fixed costs to run the stand?

Question 2

Tarfex Tech intended to sell a new product in order to keep up with customer demands. The product was to be sold to consumers at $620, creating a contribution margin of $150 per unit. They spent $9800 on advertising and were able to sell 1,200 units on the first day. Determine the resulting profit.


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Marked as best answer by fbq8i on Jun 7, 2019

amy.lauersdorf90

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