question archive EasyFind manufactures and sells golf balls
EasyFind manufactures and sells golf balls
Subject:FinancePrice:2.86 Bought3
EasyFind manufactures and sells golf balls. The company is conducting a price test to find a better price point. Presently their golf balls sell for $23 per dozen. Their current volume is 5,370 dozen per month. They are considering reducing their sales price by 23% per dozen.
CALCULATED VARIABLES:
newvol = 9,054
newunits = 6,974
newucont = $7.71
newprice = $17.71
tcont = $69,810
revenues = $123,510
What % increase in unit sales is necessary to achieve the same level of total contribution?
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