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Jewels Company manufactures two products A and B. A sells for $40 and B for $30 per unit. Variable costs per unit are $24 and
Jewels Company manufactures two products A and B. A sells for $40 and B for $30 per unit. Variable costs per unit are $24 and $20 for A and B, respectively. Total fixed cost is $640,000 and targeted profit is $95,000. Three units of A are expected to sell for every four units of B sold during the period.
Required: The level of sales in units of product and in dollars necessary to achieve the profit goal.
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