Olmstead Company has fixed costs of $459,000. The unit selling price, variable cost per unit, and contribution
Question:
Olmstead Company has fixed costs of $459,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company’s two products follow:
The sales mix for Products QQ and ZZ is 70% and 30%, respectively. Determine the break-even point in units of QQ and ZZ.
Transcribed Image Text:
Product Selling Price Variable Cost per Unit Contribution Margin per Unit QQ $40 $15 $25 60 25 35
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I am a qualified Chartered Accountant from India and CFA Level 3 candidate.So well versed with accounting and financing concepts.Also I have 2 year of tutoring experience where I have solved more than 2,000 queries of US Students.I am well versed with US GAAP and also all the financing concepts.Currently I am working for a Swiss investment Bank in their Equity research division.So I have more than 3 years of professional experience and 2 years of teaching experience.
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Related Book For
Accounting
ISBN: 9781337902687
28th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
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