Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answer in a text or tables that I can copy please. Thank you 3. Sales mix and CVP Analysis: The Yogurt Yard, Inc. produces and

Answer in a text or tables that I can copy please. Thank you

image text in transcribed

3. Sales mix and CVP Analysis: The Yogurt Yard, Inc. produces and sells four different sizes of containers of frozen yogurt: Mini, small, medium, and large. Monthly information regarding the four flavors are shown below: Sales volume (containers) Price per unit VC per unit Mini 7,500 $1.75 $0.80 Small 18,500 $2.50 $0.95 Medium 16,000 $3.10 $1.15 Large 8,000 $3.50 $1.25 Total Fixed Costs (FC) per month for the entire firm: $56,180 c. Answer each of the following questions (you must show all of your work): a. Determine the sales mix percentage (%) for the four products. b. Determine the contribution margin (CM) per unit for each of the four products. Calculate the weighted average contribution margin (WACM) per unit (round your final answer to two decimal places). d. Calculate the total number of units that Goalie's Ball's must sell to break-even. Round up to the nearest whole unit. e. Based on sales mix, calculate the number of units of each type of ball that would be sold at the firm's break-even point

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

Auditing In An Internet Of Things Environment

Authors: Robert R. Moeller

1st Edition

1119461669, 978-1119461661

More Books

Students also viewed these Accounting questions

Question

3. List ways to manage relationship dynamics

Answered: 1 week ago