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help! Problem 7-12 (Algo) A firm is selling two products-chairs and bar stools-each at $55 per unit Chairs have a variable cost of $25, and
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Problem 7-12 (Algo) A firm is selling two products-chairs and bar stools-each at $55 per unit Chairs have a variable cost of $25, and bar stools $20. Fixed cost for the firm is $20,000 a. If the sales mix is 1:1 (one chair sold for every bar stool sold), what is the break-even point in dollars of sales? in units of chairs and bar stools? (Round your unit answers to a whole number before calculating the breakeven point and round the break-even point to the nearest whole number.) 3 38.200 Break-even point Number of chairs Number of barstools 382 b. If the sales matx changes to 14 (one chair sold for every four bar stools sold, what is the break-even point in dollars of sales? in units of chairs and bar stools? (Round your unit answers to a whole number before calculating the breakeven point and round the break. even point to the nearest whole number.) 5 Break-even om Number of chains Number of bars 26 250 143 580 Step by Step Solution
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