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I need help with all three requirements (A,B,C). please break it down so I can understand :( Michigan Favorites Compamy produces toy aligators and toy
I need help with all three requirements (A,B,C). please break it down so I can understand :(
Michigan Favorites Compamy produces toy aligators and toy dolphirs. Fixed costs are $1,305,000 per year Sales Requirements revenue and variable costs per unit are as follow (a) Suppose the company currently sells 165, 000 alligators per year and 55,000 dolphins per year Assuming company sell to break even per (b) Suppose the company currently sells 55,000 alligators per year and 165,000 dolphins per year. Assuming per the sales mix stays constant, how many alligators and dolphins must the year? Alligators Dolphins Sales price 17S 24 Variable costs the sales mix stays constant, how many alligators and dolphins must the compariy sell to break even year? Explain why the total number of tays needed to break even in part a is the same as or different from number in part b (c) Requirement (a) Suppose the company currendy sells 165 5,000 alligators per year and 55,000 dolphins per year Assuming the sales mix stays constant, how many aligators and dolphins must the company sell to break even per year? Begin by determining the sales mix ratios for each product (Round the ratios to two decimal places) Aligators DolphinsStep by Step Solution
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