Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Fanny Industries intends to produce three models of electric fans. These models are the Stand Fan, Wall Fan, and Ceiling Fan. The table below shows
Fanny Industries intends to produce three models of electric fans. These models are the Stand Fan, Wall Fan, and Ceiling Fan. The table below shows the available information on these three models. Type of Cost Stand Fan Wall Fan Ceiling Fan Selling Price/Unit P 750.00 P 500.00 P 1,000.00 Variable Cost/Unit P 300.00 P 250.00 P 500.00 Additional Monthly Costs are as follows: Utilities and water: P30,000: Salaries: P1,200,000; Rent: P450,000. Sales ratio of stand fan, wall fan and ceiling fan is 4:2:1. How many units of each model should be sold each month to breakeven? (Round up to nearest whole number) (7.5 pts.)
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