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Please solve this Question 3 Q3) Selman Parquet Factory produces 3 types of parquet: single-layer laminate parquet, double-layer laminate parquet and wooden parquet. At the
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Q3) Selman Parquet Factory produces 3 types of parquet: "single-layer laminate parquet", "double-layer laminate parquet" and "wooden parquet". At the end of 2023, planning is being made for these three products. The estimated product mix, sales amount, unit sales price per square meter and variable costs per unit for these 3 products in 2024 are as follows: Unit Selling Unit Variable Cost PRODUCT Single-layer Double-layer Wooden PRODUCT MIX Price ($/m2) 2 20% 30% 50% 32 48 100 ($/m2) 12 32 40 20 5 Total fixed costs for 2024 is estimated as $174,600. Required: a) Provided that the sales mix mentioned above is not changed, what is the break-even point sales quantity for each product? b) What would be the profit at the sales level mentioned above? c) How many units of each product must be sold to earn a profit of $500,000?
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