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Oriole Company sells two types of soccer jerseys: Deluxe and Superior. The following table shows the sales price and unit variable costs for each
Oriole Company sells two types of soccer jerseys: Deluxe and Superior. The following table shows the sales price and unit variable costs for each jersey. Oriole Company incurs 220,000 a year in fixed costs. Assume the store has a sales mix of three Deluxe jerseys for every Superior jersey sold. Sales Price Variable Cost Contribution Margin Deluxe $19.00 $15.00 $4.00 Superior 27.00 19.00 8.00 (a) Your answer is correct. How many jerseys of each type will be sold at the breakeven point? (Round answers to O decimal places, e.g. 25,000.) Deluxe Superior eTextbook and Media 33000 11000 Attempts: 1 of 4 used (b) What amount of revenue would need to be generated by each type of jersey for the company to earn $27,500 in operating income? (Round answers to O decimal places, e.g. 25,000.) Deluxe Superior
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