Question
Sheridan Bottle Shop has two divisions, Wine and Beer. The sales mix is 70% Wine and 30% Beer. Sheridans annual fixed costs are estimated at
Sheridan Bottle Shop has two divisions, Wine and Beer. The sales mix is 70% Wine and 30% Beer. Sheridans annual fixed costs are estimated at $182400. The average selling price in the Wine division is $15 with a variable cost of $6. The average selling price in the Beer division is $6 with a variable cost of $3. What is Sheridans sales revenue at the break-even point?
| $502400 |
|
| $182400 |
|
| $103968 |
|
| $320000 |
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Frank Hodge
10th Edition
1260481352, 978-1260481358
