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Blossom Leisure sells two types of hammocks: Sundance and Shady Lady. The following table shows the sales price and variable cost for each hammock. Blossom
Blossom Leisure sells two types of hammocks: Sundance and Shady Lady. The following table shows the sales price and variable cost for each hammock. Blossom Leisure incurs $480,000 a year in fixed costs. Assume the store has a sales mix of four Sundance for each Shady Lady hammock sold. Type Sundance Shady Lady Sales Price $100 140 Variable Cost $40 60 Contribution Margin $60 80 (a) Your answer has been saved. See score details after the due date. How many hammocks of each type must be sold for Blossom Leisure to break even? (Round answers to O decimal places, e.g. 25,000.) Sundance 6000 How many hammocks of each type must be sold for Blossom Leisure to break even? (Round answers to 0 decimal places, e.g. 25,000.) Sundance 6000 Shady Lady 1500 Attempts: 1 of 1 used (b) What amount of revenue would be generated by each type of hammock for the company to earn $60,160 in operating income? (Round answers to 0 decimal places, e.g. 25,000.) Sundance $ Shady Lady $
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