Business, 02.12.2019 19:31 PaulJames

Nail glow, inc., produces novelty nail polishes. each bottle sells for $5.90. variable unit costs are as follows: acrylic base $0.86 bottle, packing material $1.15 pigments 0.57 selling commission 0.14 other ingredients 0.43 fixed overhead costs are $34,475 per year. fixed selling and administrative costs are $6,720 per year. nail glow sold 35,000 bottles last year. what is the contribution margin per unit for a bottle of nail polish? $ per unit what is the contribution margin ratio? round your answer to four decimal places. how many bottles must be sold to break even? bottles what is the break-even sales revenue? round your answer to the nearest dollar, if rounding is required. $ what was nail glow's operating income last year? $ what was the margin of safety in revenue? $ suppose that nail glow, inc., raises the price to $6.50 per bottle, but anticipated sales will drop to 28, 750 bottles. what will the new break-even point in units be? round your answer up to the nearest whole number of units. should nail glow raise the price?

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Nail glow, inc., produces novelty nail polishes. each bottle sells for $5.90. variable unit costs ar...

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