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Accoutning Please solve the above 1.) Bob's Textile Company sells shirts for men and boys. The average selling price and variable cost for each product
Accoutning
Please solve the above
1.) Bob's Textile Company sells shirts for men and boys. The average selling price and variable cost for each product are as follows: Men's Boys Selling price $28.80 $24.00 Variable cost $20.42 $16.80 Total fixed costs $38,400 Required: Assume the sales mix is 2 men's shirts for each boy's shirt: a. What is the weighted contribution margin per unit of the mix? b. What is the break-even point in units for each type of shirt? c. What is the operating income, assuming sales total 9,000 shirtsStep by Step Solution
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