Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Blossom manufactures lawn mowers, weed trimmers, and chainsaws. A) B) Blossom manufactures lawn mowers, weed trimmers, and chainsaws. Blossom has fixed costs of $3,500,000. Its
Blossom manufactures lawn mowers, weed trimmers, and chainsaws.
A)
B)
Blossom manufactures lawn mowers, weed trimmers, and chainsaws. Blossom has fixed costs of $3,500,000. Its sales mix and contribution margin per unit are as follows: Calculate the number of units of each product that Blossom must sell in order to break even under this product mix. (Round weightedaverage contribution margin per unit to 2 decimal places, e.g. 1.25 and final answers to 0 decimal places, e.g. 125.) Crane Inc. sells its product for $28 per unit and variable costs are $14 per unit. Its fixed costs are $126,000. Calculate the required sales in units to achieve its target operating income of 10% of total costs. (Round answer to 0 decimal places, e.g. 125.)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