Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 1 Randi's Jelly, Ltd collected the following data about their monthly contribution margins from sales of jelly Moonberry Columni Column2 Selling Price Variable Cost

image text in transcribed
image text in transcribed
QUESTION 1 Randi's Jelly, Ltd collected the following data about their monthly contribution margins from sales of jelly Moonberry Columni Column2 Selling Price Variable Cost Contribution Margin Dollar Sales Yogiberry 8 3 Merryberry 6 4 120,000 15,000 120,000 20,000 160,000 20,000 Units Sold Randi believes that she could increase sales of Yogiberry by 15.000 units per month if more attention were devoted to it and less to Moonberry. Moonberry sales would decrease by 6,000 per month. What change in income would occur if this action were taken? O Decrease of $10,000 O Increase of $21,000 O Income would remain the same O Increase of $10,000 O Cannot determine from data provided QUESTION 2 The sales mix percentage of Merryberry is O 47.7% 40.0% O 54.0% O 34.0% one of these QUESTION 3 The estimated weighted aver O 47.7% O 40.0% O 50.0% O 34.0% O none of these QUESTION 4 What will happen to total profit of Randi drops Yogiberry? O Profits will decrease by 560,000 O Profits will decrease by $120,000 The Fixed costs will decrease by $24,000 The Foxed Costs will increase by $24,000 O none of these QUESTIONS What will be the effect on profits Randi spends an additional 520,000 on advertising and the sales of Merryberry increases 15.000 units, but the sales of Yopberry decreases by 1.000 until O Profits will increase by 537.000 Profits will decrease by 537,000 O Profits will increase by $ 48,000 O Profits will decrease by $22,000 O none of these

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

Financial And Managerial Accounting 15th Edition Text Only

Authors: Jan Williams

15th Edition

B005FCGT4O

More Books

Students also viewed these Accounting questions

Question

What are the main purposes of sales promotion?

Answered: 1 week ago

Question

To find integral of sin(logx) .

Answered: 1 week ago

Question

What is Centrifugation?

Answered: 1 week ago

Question

To find integral of ?a 2 - x 2

Answered: 1 week ago

Question

To find integral of e 3x sin4x

Answered: 1 week ago