Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bobbie manages a small kiosk that sells two products: widgets and gadgets. Sales mix in terms of units sold is 25% and 75%, respectively. The

Bobbie manages a small kiosk that sells two products: widgets and gadgets. Sales mix in terms of units sold is 25% and 75%, respectively. The respective unit contribution margins are $240 and $80. How many widgets does Bobbie sell at the break-even point if monthly fixed costs are $120,000?

A : 160 widgets

B : 750 widgets

C : 1,000 widgets

D : 250 widgets

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

EAuditing Fundamentals Virtual Communication And Remote Auditing

Authors: J.P. Russell, Shauna Wilson

1st Edition

0873898486, 978-0873898485

More Books

Students also viewed these Accounting questions

Question

Define deferred revenue. Why is it a liability?

Answered: 1 week ago

Question

Explain the factors influencing wage and salary administration.

Answered: 1 week ago

Question

Examine various types of executive compensation plans.

Answered: 1 week ago

Question

1. What is the meaning and definition of banks ?

Answered: 1 week ago