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Blossom Company sells two types of soccer jerseys: Deluxe and Superior. The following table shows the sales price and unit variable costs for each
Blossom Company sells two types of soccer jerseys: Deluxe and Superior. The following table shows the sales price and unit variable costs for each jersey. Blossom Company incurs 248,000 a year in fixed costs. Assume the store has a sales mix of three Deluxe jerseys for every Superior jersey sold Type Sales Price Variable Cost Contribution Margin Deluxe $18.00 $14.00 $4.00 Superior 26.00 18.00 8.00 (a) Your answer is correct. How many jerseys of each type will be sold at the breakeven point? (Round answers to O decimal places, eg. 25,000.) Deluxe 37200 Superior 12400 (b) X Your answer is incorrect What amount of revenue would need to be generated by each type of jersey for the company to earn $31,000 in operating income? (Round answers to O decimal places, eg. 25,000.) Deluxe $ Superior $
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