Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Laura O'Connon has recently left her job as a florist at a grocery store chain to start her own business, Laura's Floral Delivery. She is
Laura O'Connon has recently left her job as a florist at a grocery store chain to start her own business, Laura's Floral Delivery. She is trying to determine her break-even point. She plans to sells two types of flower arrangements. Based on her research, she is projecting the sales mix to be 60% basic flower arrangements and 40% deluxe flower arrangements. Basic arrangements have a variable cost per unit of $12.2 and a selling price of $26.84. Deluxe arrangements have a variable cost per unit of $20.74 and a selling price of $48.8. Her fixed costs are $15006. How many basic arrangements would she have to sell to break-even? 1025 450 O 575 O 750
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