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Finley Corporation has monthly fixed costs of $ 5 5 , 0 0 0 . It sells two products for which it has provided the
Finley Corporation has monthly fixed costs of $ It sells two products for which it has provided the following information:
Sales Price Contribution Margin
Product $ $
Product
Required:
a What total monthly sales revenue is required to break even if the relative sales mix is percent for Product and percent for Product Hint: Determine the contribution margin ratio for each product.
Note: Round your answer to the nearest dollar amount.
b What total monthly sales revenue is required to earn a monthly operating income of $ if the relative sales mix is percent for Product and percent for Product
Note: Round your answer to the nearest dollar amount.
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