Question
Grouper Inc. sells two product lines. The sales mix of the product lines is: Standard, 70%; and Deluxe, 30%. The contribution margin ratio of each
Grouper Inc. sells two product lines. The sales mix of the product lines is: Standard, 70%; and Deluxe, 30%. The contribution margin ratio of each line is: Standard, 30%; and Deluxe, 35%. Groupers fixed costs total $1,449,000. What is the dollar amount of Deluxe sales at the break-even point?
| Dollar amount of Deluxe sales at the break-even point: |
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine, Christopher D. Burnley
8th Canadian Edition
111959457X, 978-1119594574
