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How is the sales mix for a product determined when the company has three products? O Add the sales volumes for three products together and
How is the sales mix for a product determined when the company has three products? O Add the sales volumes for three products together and divide by 3. Divide the total of the sales volumes by the sales volume for the product. O Add the contribution margins of the three products together and divide by 3. O Divide the sales volume for the product by the total of the sales volumes for the 3 products. Nancy O'Connon has recently left her job as a florist at a grocery store chain to start her own business, Nancy's Floral Delivery. She is trying to determine her break-even point. She plans to sells two types of flower arrangements. Based on her research, she is projecting the sales mix to be 60% basic flower arrangements and 40% deluxe flower arrangements. Basic arrangements have a variable cost per unit of $10.2 and a selling price of $22.44. Deluxe arrangements have a variable cost per unit of $17.34 and a selling price of $40.8. Her fixed costs are $12546. How many basic arrangements would she have to sell to break-even? O 450 O 750 1025 0575 Which of the following is not a step in determining which of two products should be produced when resources are limited? O Determine the contribution margin per unit of limited resource. O Determine the quantity available for the limited resource. O Determine the contribution margin for each product. O Multiply the contribution margin for each product by the amount of the limited resource it requires. During the last accounting period, Wildhorse Corporation sold 122000 units at $45 each. The variable cost per unit was $20 per unit. Fixed costs totaled $1100000. What is the company's degree of operating leverage? o 0.36 1.80 0 0.45 1.56 During the last accounting period, Wildhorse Corporation sold 122000 units at $40 each. The variable cost per unit was $15 per unit. Fixed costs totaled $1100000. What was the company's margin of safety ratio? O 0.60 O 0.23 O 0.36 0 0.64
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