Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please show work as well Zippy Quadcopters plans to sell a standard quadcopter (toy drone) for $65 and a deluxe quadcopter for $95. Zippy purchases

please show work as well image text in transcribed

Zippy Quadcopters plans to sell a standard quadcopter (toy drone) for $65 and a deluxe quadcopter for $95. Zippy purchases the standard quadcopter for $45 and the deluxe quadcopter for $65. Management expects to sell two deluxe quadcopters for every three standard quadcopters. The company's monthly fixed expenses are $24,000. How many of each type of quadcopter must Zippy sell monthly to breakeven? To earn $15,600? First identify the formula to compute the sales in units at various levels of operating income using the contribution margin approach. (Abbreviations used: Avg. = average, and CM = contribution margin.) Operating income Fixed expenses ) = Weighed-avg. CM per unit Breakeven sales in units + Next compute the weighted average contribution margin per unit. First identify the formula labels, then complete the calculations step by step. Sale price per unit Deduct: Variable expense per unit Sales mix in units Weighted average contribution margin per unit Choose from any drop-down list and then click Check Answer. ? parts Clear All Check Answer remaining

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_2

Step: 3

blur-text-image_3

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

Accounting

Authors: Carl s. warren, James m. reeve, Philip e. fess

21st Edition

978-0324400205, 324225016, 324188005, 324400209, 9780324225013, 978-0324188004

More Books

Students also viewed these Accounting questions

Question

=+Are board members selected for this task?

Answered: 1 week ago