Sales mix and break-even analysis Megan Company has fixed costs of $1,507,660. The unit selling price,...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Sales mix and break-even analysis Megan Company has fixed costs of $1,507,660. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Selling Price Product Model Variable Cost per Unit Yankee Zoro $360 480 $200 290 Contribution Margin per Unit $160 190 The sales mix for products Yankee and Zoro is 40% and 60%, respectively. Determine the break-even point in units of Yankee and Zoro. a. Product Model Yankee . Product Model Zoro units units Sales mix and break-even analysis Megan Company has fixed costs of $1,507,660. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Selling Price Product Model Variable Cost per Unit Yankee Zoro $360 480 $200 290 Contribution Margin per Unit $160 190 The sales mix for products Yankee and Zoro is 40% and 60%, respectively. Determine the break-even point in units of Yankee and Zoro. a. Product Model Yankee . Product Model Zoro units units
Expert Answer:
Answer rating: 100% (QA)
Breakeven point units Total fixed costs Contribution margin per unit Given Total fix... View the full answer
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Posted Date:
Students also viewed these accounting questions
-
topic is Apple incorporation what are the operational events (technological events) Over the Past Five years have been occured that are related operations management ,mention few huge occasions that...
-
Given x-85,-80.8 and 1.2, indicate on the curve where the given x value would be.
-
Conley Company has fixed costs of $17,802,000. The unit selling price, variable cost per unit, and contribution margin per unit for the companys two products follow: The sales mix for products Yankee...
-
Consider again examples 9.2 and 9.3 , and once again assume that there are two states of the world for each random variable, denoted by V L j , V H j and n L , n H . Denote the probabilities for...
-
Properties of Scalar Products for Problems 1-3, consider the general scalar product on vectors aÌ, bÌ. and cÌ of the same dimension. Either prove the statement to be true or...
-
How would marginal utility and market demand be affected by a rise in the price of (a) a substitute good (b) a complementary good?
-
The following information is available for the Ortega Company for the first quarter of 2005: Beginning cash balance for January 2005 is expected to be \($20,000\). The company intends to maintain a...
-
Tiffany Martin is an audit manager in a medium-sized public accounting firm. Tiffany graduated from college seven years ago with a degree in accounting. She obtained her CPA certification soon after...
-
This is a question of Advanced Financial Accounting. Can you please provide a detailed answer? Please provide references with it? Question 1). Use of share price index futures Boomtime Investm...
-
A. Steve Jackson (birthdate December 13, 1965) is a single taxpayer living at 3215 Pacific Dr., Apt. B, Pacific Beach, CA 92109. His Social Security number is 465-88-9415. In 2018, Steves earnings...
-
Explain five (5) steps on how to develop an Internal Factor Evaluation (IFE) Matrix. Provide example for each step.
-
Why does the MFN principle promote multilateral, rather than bilateral, negotiations among WTO members?
-
Assume that you have just been transferred by your company to a new facility in a foreign location. Which of your own personal dimensions do you think will be most effective in helping you deal with...
-
What is international strategic management?
-
Is the abandonment of import substitution policies by South American governments a necessary condition for the success of the Andean Community and the Mercosur Accord?
-
Think of two or three personality traits that you believe are especially strong in your culture, and two or three that are especially weak. Relate these to Hofstedes cultural dimensions.
-
Trans-Pacific Lumber runs a mill in the Northwest that produces two grades of lumber, A and B, and a by-product, sawdust. The company chooses to allocate the costs on the basis of the physical...
-
Chicago Company sold merchandise to a customer for $1,500 cash in a state with a 6% sales tax rate. The total amount of cash collected from the customer was $558. $600. $642. $636. Nevada Company...
-
For a recent year, McDonalds company-owned restaurants had the following sales and expenses (in millions): Sales $16,083 Food and packaging $ 5,350 Payroll 4,185 Occupancy (rent, depreciation, etc.)...
-
A condensed income statement for the Snowboard Division of New Wave Rides Inc. for the year ended December 31, 2010, is as follows: Sales $1,200,000 Cost of goods sold 826,000 Gross profit $ 374,000...
-
Rejuvenation Physical Therapy Inc. is planning its cash payments for operations for the third quarter (July?September), 2011. The Accrued Expenses Payable balance on July 1 is $24,000. The budgeted...
-
For the following six items, indicate which financial statement category would be affected: (1) net income or (2) other comprehensive income. a. Realized gain on sale of AFS debt investment. b....
-
Refer to Figure 3.4. Suppose Toni's utility function is: Calculate Toni's utility at point Z on Figure 3.4 and compare it with her utility at point M. Which act does Toni prefer? Explain. U;(a)=-160,...
-
What is the beta of: a. The market portfolio b. The risk-free asset c. Portfoho A + B in Example 3.3 and Section 3.7 EXAMPLE 3.3 THE PRINCIPLE OF PORTFOLIO DIVERSIFICATION (PART 2) It turns out that...
Study smarter with the SolutionInn App