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Instructions Part 1: Sales Mix Instructions and Part 2: Break-Even Part 3a: Income Statement Part 3a I Income Staternent Prepare an income statement for Cherry
Instructions Part 1: Sales Mix Instructions and Part 2: Break-Even Part 3a: Income Statement Part 3a I Income Staternent Prepare an income statement for Cherry Blossom Products for the coming year ultiple-Product Break even, Break-Even Sales Revenue 3a. Inc. produces and sells yoga-training pr s). Last year, Cherry Blossom Products sold 13,500 DVDs and 4,500 equipment sets. Information on the two products is as follows: Income Statement DVDs Equipment Sets For the Coming Year Price SB 525 Variable cost per unit ) Total fixed cost is $93,590 e that in the coming year, the company plans to produce an extra-thick yoga mat for sale to health clubs. The company estimates at 9,000 mats can be sold at a price of $15 and a variable cost per unit of $9. Total fixed cost must be increased by $31,190 (making tal fixed cost $124,780). Assume that anticipated sales of the other products, as well as their prices and variable cost Part 1. Sales Mix Instructions and Pat 2 Break-Even 1. What is the sales mix of DVDs, equipment sets, and yoga mats? Part 3b Contribution Margin Ratio and Part 4 Margin of Salety 3 3b. What is the overall contribution margin ratic? use the contribution margin ratio to compute overall break-even sales revenue. (Notes Round the contribution margin ratio to the nearest whole percent: found the break-even sales revenue to the nearest doflat3 2. Compute the break-even quantity of each product. Break-even DVDs Break-even equipment sets Break-even yoga mats units units units Overall contribution margin ratio Overall break even sales revenue 4. Compute the margin of safety for the coming year in sales dollars Check My Work 3 more Check My Work uses remaning Next
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