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I only need help with question 31a , but I believe 30a provides information that will help - this is for managerial accounting E7-30A Find
I only need help with question 31a, but I believe 30a provides information that will help - this is for managerial accounting
E7-30A Find ca 42 Mary Walker sells hom tion margin ratio is year. The craft she scarves will Mary h E7-31A Extension Curtis Waiker admired Cost-Volume-Profit Analysis -onsequence rising fixed costs (Learning Objectives 1 & 3) cells homemade it scarves for $25 each at local craft shows. Her contribu- in ratio is 60%. Curre , the craft show entrance fees cost Mary $1,500 per raft shows are raising their entrance fees by 25% next year. How many extra will Mary have to sa next year just to pay for rising entrance fee costs? Eviansion of E7-30A: Multiproduct firm (Learning Objective 4) Vaisser admired his wife's success at selling scarves at local craft shows (E7-30A), dorited to make two types of plant stands to sell at the shows, Curtis makes twia but of downed wood from his backyard and the yards of his neighbors, so his vari- cost is minimal (wood screws, glue, and so forth). However, Curtis has to purchase so he decided to make two types of stands out of downed wo od to make his oak plant stands. His unit prices and costs are as follows: Twig Stands Oak Stands Sales price ....... ............ $14.00 $40.00 Variable cost .... $ 2.00 $18.00 The twig stands are more popular, so Curtis sells four twig stands for every one oak stand. Mary charges her husband $350 to share her booth at the craft shows (after all, she has paid the entrance fees). How many of each plant stand does Curtis need to sell o break even? Will this affect the number of scarves Mary needs to sell to break even? Explain. 57.320 Find breakeven for a multiproduct pakeven for a multiproduct firm (Learning Objective 4) Lauadcopter (toy drone) for $55 and a Inenter for $45 and theStep by Step Solution
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