Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom

Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 17,920 DVDs and 4,480 equipment sets. Information on the two products is as follows: DVDs Equipment Sets Price $7.90 $25.10 Variable cost per unit 3.90 14.80 Total fixed cost is $97,310.

1. What is the sales mix of DVDs and equipment sets? Select 4:1

2. Compute the break-even quantity of each product.

The break-even quantity for DVDs is? 27,412 .

The break-even quantity for equipment sets is? 6,853 .

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

Financial Accounting Information For Decisions

Authors: John J. Wild

10th Edition

1260705587, 978-1260705584

More Books

Students also viewed these Accounting questions

Question

How does it differ from the emergent perspective?

Answered: 1 week ago

Question

If the job involves a client load or caseload, what is it?

Answered: 1 week ago