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PLEASE PROVIDE SOLUTION Problem #2: Greed Company produces and sells toy monsters, Dragons and Spiders. Following is the income budget for the next month: Dragons
PLEASE PROVIDE SOLUTION
Problem #2: Greed Company produces and sells toy monsters, Dragons and Spiders. Following is the income budget for the next month: Dragons 600,000 Spiders 150,000 Sales in units Total 750,000 Sales Variable costs Contribution margin Fixed costs Income P 1,200,000 1,050,000 P. 150,000 P 187, 500 112, 500 P75,000 P 1,387,500 1,162,500 P225,000 90,000 P 135,000 REQUIRED: 1. How many units of Dragons and Spiders should be sold next month to break-even? 2. Assume that the sales mix ratio is change, that is, 4 units of Spiders are sold for every units of Dragon, what should be the break-even pointStep by Step Solution
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