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having trouble with the CVP income statement Crane Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit
having trouble with the CVP income statement
Crane Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Sales mix is determined based upon total units sold. Pairs of Shoes Pairs of Gloves Range Finder $241 $ 104 $32 Unit selling price Unit variable costs Unit contribution margin 59 11 205 $45 $21 $36 Sales mix 36% 41 %6 23 % Fixed costs are $ 694,890. Verify that the mix of sales units to be sold at the break-even point for each product line will generate a zero net income CraneGolf Accessories CVP Income Statament Contribution Margin- Shoes Contribution Margin Gloves Contribution Margin-Range Finders Step by Step Solution
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