Question
I'm having a terrible time computing mixed sales. Consider the following information for Bright Light Inc.: Product Unit Selling Price Unit Variable Cost LED bulbs
I'm having a terrible time computing mixed sales.
Consider the following information for Bright Light Inc.:
Product Unit Selling Price Unit Variable Cost
LED bulbs $10 $4
CFL bulbs $5 $3
Total fixed costs are $41,500. The sales mix of LED bulbs and CFL bulbs is 60% and 40% respectively. Calculate the sales required to earn a target profit of $24,500 for the sales mix of products as given above.
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Mastering 21st Century Enterprise Risk Management
Authors: Gregory M Carroll
1st Edition
1483510441, 9781483510446
