Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Cullumber Bottle Shop has two divisions, Wine and Beer. The sales mix is 70% Wine and 30% Beer. Cullumbers annual fixed costs are estimated at
Cullumber Bottle Shop has two divisions, Wine and Beer. The sales mix is 70% Wine and 30% Beer. Cullumbers annual fixed costs are estimated at $291840. The average selling price in the Wine division is $30 with a variable cost of $12. The average selling price in the Beer division is $12 with a variable cost of $6. What amount of sales revenue is generate by the Wine division at the break-even point?
| $307200 |
| $358400 |
| $445440 |
| cannot be determined by the information provided |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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