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17-20) A company manufactures and sells two types of gloves - Wet Days (WD) and Cold Days (CD) - for runners. Current financial data is
17-20) A company manufactures and sells two types of gloves - Wet Days (WD) and Cold Days (CD) - for runners. Current financial data is provided below: WD CD Selling Price per pair $8.00 $12.00 VC per pair $2.00 $ 6.00 Number of pairs sold per month 600 200 Fixed costs = $2,520 per month 17) Given the financial data, what is the Operating Income for the company? 18) What dollar amount of Sales would the company need in order to break even? 19) Based on your answers in #17 and #18 what is the company's Margin of Safety in dollars? 20) Based on sales dollars, what is the sales mix of Wet Days (WD) to Cold Days (CD)
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