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Olmstead Company has fixed costs of $3,000,040. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products
Olmstead Company has fixed costs of $3,000,040. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Selling Price Variable Cost per Unit Contribution Margin per Unit QQ $660 $320 $340 ZZ 940 540 400 The sales mix for Products QQ and ZZ is 70% and 30%, respectively. Determine the break-even point in units of QQ and ZZ. If required, round your answers to the nearest whole number. a. Product QQ units b. Product ZZ units Teague Co. reports the following data: Sales $514,900 Variable costs 283,200 Contribution margin $231,700 Fixed costs 184,400 Income from operations $47,300 Determine Teague Co.'s operating leverage. Round your answer to one decimal place
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