Question
Estate Blend Table Total $ Remaining After Drop Increase (Decrease) Sales $ 470,000 $ 768,400 $ 350,000 $ 1,588,400 $ 1,238,400 $ (350,000) Total Variable
Estate | Blend | Table | Total | $ Remaining After Drop | Increase (Decrease) | |
Sales | $ 470,000 | $ 768,400 | $ 350,000 | $ 1,588,400 | $ 1,238,400 | $ (350,000) |
Total Variable costs | $ 227,006 | $ 425,796 | $ 410,511 | $ 1,063,313 | $ 652,802 | $ (410,511) |
Contribution Margin | $ 242,994 | $ 342,604 | $ (60,511) | $ 525,087 | $ 585,598 | $ 60,511 |
Total Fixed Costs | $ 3,176,800 | $ 2,476,800 | $ (700,000) | |||
Net Income (before Taxes) | $ (2,651,713) | $ (1,891,202) | $ 760,511 | |||
Should one of the wines be Dropped from the Product Mix? Please Explain your reasoning. | ||||||
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Get StartedRecommended Textbook for
Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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