Question
See Attachment. Sarahs T-Shirts Sarahs T-Shirts business makes and sells tie dyed and embroidered T-Shirts. Sales information for the last year is shown below. During
See Attachment.
Sarahs T-Shirts
Sarahs T-Shirts business makes and sells tie dyed and embroidered T-Shirts. Sales information for the last year is shown below. During the year, Sarahs fixed manufacturing costs were $40,000 and fixed Selling and Administrative costs were $50,000.
|
| Tie Dyed |
| Embroidered |
Sales units |
| 15,000 |
| 8,000 |
Unit price |
| $ 12 |
| $ 18 |
Variable manufacturing cost/unit | $ 7 |
| $ 9 | |
Sales commission (% sales) | 10% |
| 15% |
Prepare an Income Statement in Contribution Margin format for Sarahs business. Calculate breakeven units and revenue for her total business.
ACC200 Project - Complete in Excel - Due 8/13 Sarah's T-Shirts Sarah's T-Shirts business makes and sells tie dyed and embroidered T-Shirts. Sales information for the last year is shown below. During the year, Sarah's fixed manufacturing costs were $40,000 and fixed Selling and Administrative costs were $50,000. Sales units Unit price Variable manufacturing cost/unit Sales commission (% sales) Tie Dyed 15,000 $ 12 Embroidered 8,000 $ 18 $ 7 $ 9 10% 15% Prepare an Income Statement in Contribution Margin format for Sarah's business. Calculate breakeven units and revenue for her total businessStep by Step Solution
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