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In addition to bikes, Nord wants to produce and sell Carts Nord provides us with the following additional information: Bike; Cart: Selling Price -- $500:
In addition to bikes, Nord wants to produce and sell Carts Nord provides us with the following additional information: Bike; Cart: Selling Price -- $500: $400 Variable costs -- $300:$250 Contribution Mar ( ) ( ) Current Units sold: 750: 250 Nords total fixed costs (common fixed costs) is $200,000, which cant be separated to neither bike nor cart.
Calculate Sales Mix and Unit Contribution Margin of each product. Calculate Break-Even in units and in sales dollars for each products.
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