Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 20 IMA Shop Ltd produces three products. Cost, price, and volume data is shown below: Total fixed costs $2400 Tax rate 30% Chocolate ice-cream

image text in transcribed
QUESTION 20 IMA Shop Ltd produces three products. Cost, price, and volume data is shown below: Total fixed costs $2400 Tax rate 30% Chocolate ice-cream Milkshake Burger Normal volume 300 150 200 Price per unit $5 $7 Variable cost per unit $2 $3 When using units as the measure, what proportion of the sales mix de milkshakes represent? Round to the nearest whole per cent. $10 $4 31% Cannot be determined 23% 46%

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

Artificial Intelligence In Accounting Organisational And Ethical Implications

Authors: Othmar M. Lehner, Carina Knoll

1st Edition

1032055626, 9781032055626

More Books

Students also viewed these Accounting questions

Question

=+b. Would you need to edit down the copy for a smaller-space ad?

Answered: 1 week ago

Question

=+4. About the medium.

Answered: 1 week ago