Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Bone-Brain, Inc. had three products:a foot manicure kit (unit sales price $55; unit variable cost $25); a hand manicure kit (unit sales price $40; unit
Bone-Brain, Inc. had three products:a foot manicure kit (unit sales price $55; unit variable cost $25); a hand manicure kit (unit sales price $40; unit variable cost $15); and a hair kit (unit sales price, $75; unit variable cost $30).The company's sales mix of the products was 3:1:1 respectively.Fixed costs were $33,000 in total.Desired ending inventory was 5,500 units spread 2:2:1 respectively.
Compute the following
a) the weighted-average contribution margin
b) the weighted-average breakeven point
c) the breakeven point for each product
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