Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Ahmed & Co. makes and sells two types of shoes, Plain and Fancy. Data concerning these products are as follows: Plain Fancy Unit selling price
Ahmed & Co. makes and sells two types of shoes, Plain and Fancy. Data concerning these products are as follows:
Plain | Fancy | ||||||
Unit selling price | $ | 25.00 | $ | 36.00 | |||
Variable cost per unit | 13.00 | 20.00 | |||||
Sixty percent of the unit sales are Plain, and annual fixed expenses are $95,200.
Assuming that the sales mix remains constant, the total number of units that Ahmed must sell to break even is: (Round intermediate calculations to 2 decimal places and final answer to nearest whole number)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started