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Hi I need the answers like these ones please follow the process of a problem I found on chegg here is the problem complete https://www.chegg.com/homework-help/questions-and-answers/exercise-1622-cvp-analysis-multiple-products-steinberg-company-produces-commercial-printer-q11593907
Hi I need the answers like these ones please follow the process of a problem I found on chegg here is the problem complete
https://www.chegg.com/homework-help/questions-and-answers/exercise-1622-cvp-analysis-multiple-products-steinberg-company-produces-commercial-printer-q11593907
CVP Analysis of Multiple Products Steinberg Company produces commercial printers. One is the regular model, a basic model that is designed to copy and print in black and white. Another model, the deluxe model, is a color printer-scanner-copier. For the coming year, Steinberg expects to sell 100,000 regular models and 20,000 deluxe models. A segmented income statement for the two products is as follows: Regular Model Deluxe Model Total Sales $13,400,000 $28,400,000 $15,000,000 9,000,000 Less: Variable costs 8,040,000 17,040,000 Contribution margin $6,000,000 1,200,000 0,000 $11,360,000 $5,360,000 960,000 Less: Direct fixed costs 2,160,000 Segment margin $4,800,000 $4,400,000 $9,200,000 Less: Common fixed costs 1,475,200 Operating income $7,724,800 Required: 1. Compute the number of regular models and deluxe models that must be sold to break even. Round your answers to the nearest whole unit. Regular models 2,459 x units Deluxe models 3,803 x units Regular modal a 1200000 Deluxe model 960000 Common fixed costs 1280000 Total Fixed Cost (a+b+c) 3440000 e 520 Mixed Contribution margin per unit Mixed Break even (d/e) 6615.385 33077 Break even regular model 6615.385*5 33077 Break even regular model 6615.385*5 Break even deluxe model 6615 6615.385*1Step by Step Solution
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