filmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false culator administrative expense 10,000 (97,250) perating income $58,350 -ales Mix Biblio Files Company is making plans for its next fiscal year, and decides to sell two new types of bookshelves, Basic and Deluxe. The company compiled the following estimates for the new product offerings. Type of Sales Price Variable Cost Bookshell per Unit per Unit Basic $5.00 $1.75 Deluxe 9.00 8.10 The company is interested in determining how many of each type of bookshelf would have to be sold in order to break even. If we think of the Basic Deluxe products as components of one overall enterprise product called "Combined," the unit contribution margin for the Combined product would be $2.31. Fixed costs for the upcoming year are estimated at $341,880. Recall that the totals of all the sales mix percents must be 100%. Determine the amounts to complete the following table. Type of Bookshell Percent of Sales Mix Break-Even Sales in Units Break-Even Sales in Dollars Basic 60 9,000 X $ 450,000 X Deluxe 40 % 6,000 S 540,000 X Calculator Income Statement - Cover-to-Cover Cover-to-Cover Company Contribution Margin Income Statement For the Year Ended December 31, 2018 Sales $389,000 Variable costs: $233,400 19,450 Manufacturing expense Selling expense Administrative expense Contribution margin Fixed costs: 58,350 (311,200) $77,800 $5,000 Manufacturing expense Selling expense Administrative expense 4,000 10,450 (19,450) Operating income $58,350 Income Statement - Biblio Files Income Statement - Biblio Files Biblio Files Company Contribution Margin Income Statement For the Year Ended December 31, 2018 Sales $389,000 Variable costs: $ 155,600 15,560 62,240 Manufacturing expense Selling expense Administrative expense Contribution margin Fixed costs: Manufacturing expense Selling expense Administrative expense (233,400) $155,600 $79,250 8,000 10,000 (97,250) Operating income $58,350 Sales Mix Sales Mix Biblio Files Company is making plans for its next fiscal year, and decides to sell two new types of bookshelves, Basic and Deluxe. The company has compiled the following estimates for the new product offerings. Variable Cost Type of Bookshelf Sales Price per Unit per Unit Basic $5.00 $1.75 Deluxe 9.00 8.10 The company is interested in determining how many of each type of bookshelf would have to be sold in order to break even. If we think of the Basic and Deluxe products as components of one overall enterprise product called "Combined," the unit contribution margin for the Combined product would be $2.31. Fixed costs for the upcoming year are estimated at $341,880. Recall that the totals of all the sales mix percents must be 100%. Determine the amounts to complete the following table. Type of Percent of Sales Break-Even Break-Even Sales Bookshell Mix Sales in Units in Dollars Basic 60 % X X Deluxe 40 9 X $
