Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. 2. Bramble Corp. wants to sell a sufficient quantity of products to earn a profit of $200000. If the unit sales price is $18,

1.image text in transcribed2.

image text in transcribed

Bramble Corp. wants to sell a sufficient quantity of products to earn a profit of $200000. If the unit sales price is $18, unit variable cost is $8, and total fixed costs are $200000, how many units must be sold to earn income of $200000? 0 50000 units 0 720000 units 0 40000 units 0 20000 units Concord Corporation has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Concord incurs $4995000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. What will sales be for the Sporting Goods Division at the break-even point? $7550581 O $4725000. O $8775000. O $4050000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fraud Casebook Lessons From The Bad Side Of Business

Authors: Joseph T. Wells

1st Edition

0470134682, 978-0470134689

More Books

Students also viewed these Accounting questions

Question

What are the role of supervisors ?

Answered: 1 week ago