Answered step by step
Verified Expert Solution
Question
1 Approved Answer
il redONE 21:34 26% 4 REVISION Qs (Extra... QUESTION 3 T-Shirts Dresses Trousers Sales Units 50 10 40 USP $10 $100 $150 UVC $5 $25
il redONE 21:34 26% 4 REVISION Qs (Extra... QUESTION 3 T-Shirts Dresses Trousers Sales Units 50 10 40 USP $10 $100 $150 UVC $5 $25 $75 Required MH 2 5 5 Total fixed costs for the months $1.000. Company target for net income in March is $5,000 The company plans to purchase an additional machine for its operation Required: a) Determine the sales mix percentage based on: (i) total sales units (ii) total sales in s b) Determine the: ) weighted-average contribution margin (ii) weighted average contribution margin ratio c) What is the required sales (in units) in TOTAL and PER PRODUCT LINE to: () break-even? (ii) earn the target net income of $5,000? d) What is the required sales (in $) in TOTAL and PER PRODUCT LINE to: (i) break-even? (ii) earn the target net income of $5,000? e) What is the contribution margin per limited resource for each product line? 1) Which product line should receive the additional machine for operation
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started