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I am really stuggling with this question. Could someone please walk me through the steps of how to solve this? Thanks so much, I appreciate
I am really stuggling with this question. Could someone please walk me through the steps of how to solve this? Thanks so much, I appreciate the help.
Company produces two different remote control products with the following monthly data for the most recent month:
Plane | Boat | Total | |
Selling price per unit | $300 | $100 | |
Variable cost per unit | $240 | $ 60 | |
Expected unit sales | 28,000 | 7,000 | 35,000 |
Sales mix | 80% | 20% | 100% |
Fixed costs | $1,400,000 |
Refer to Exhibit 6-4. Assume the sales mix remains the same at all levels of sales. How many units of each product must be sold to earn a monthly profit of $504,000?
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