Many police officers positions require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material. Why don’t police departments increaseOctober 10, 2020
Economics w10 $5.00October 10, 2020
Advanced Electronics manufactures DVDs and sells them directly to retailers who typically sell them for $20. Retailers take a 40% margin based on the retail selling price. Advanced’s cost information is as follows:
DVD package and disc $2.50/DVD
Advertising and promotion $500,000
Calculate the following:
- contribution per unit and contribution margin
- break-even volume in DVD units and dollars
- volume in DVD units and dollar sales necessary if Advanced’s profit goal is 20% profit on sales.
- net profit if 5 million DVDs are sold
Please show work
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