Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help with part c asap Gary manages an electronics store where customers can purchase phones, tablets, or accessories for their technology needs. He is

image text in transcribed

please help with part c asap

Gary manages an electronics store where customers can purchase phones, tablets, or accessories for their technology needs. He is trying to plan for future profitability and came upon a break-even number ( 80 units in monthly sales) that his predecessor, Annie, had calculated. Unfortunately, Gary found no other supporting calculations or details to determine how many of those units were phones, tablets, and accessories. Realizing that he needs as much cost, volume, and revenue information as possible, Gary dug up the following information for the store. He also determined that 25% of sales volume generally is from tablets. Additionally, customers usually purchase 1.5 times as many accessories as they do phones. (a) Your answer is correct. Based on the above information, what is the sales mix for the three products? Phones % Tablets % Accessories % eTextbook and Media Attempts: 1 of 3 used (b) Your answer is correct. At the break-even point, how many of the 80 units must have been phones? Phones units eTextbook and Media Attempts: 1 of 3 used (c) Your answer is incorrect. For future planning purposes, help Gary determine how many units of each product the store needs to sell in order to make a monthly operating profit of $19,950. Phones units Tablets | units Accessories units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Bookkeeping And Accounting For Beginners

Authors: D.K. Livingston

1st Edition

1686248598, 978-1686248597

More Books

Students also viewed these Accounting questions