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Sheridan Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 65 % for Sporting Goods and 35 % for Sports Gear.
Sheridan Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear.Sheridan incurs $ 7770000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. What will sales be for the Sporting Goods Division at the break-even point?
$ 6300000.
$ 13650000.
$ 11745349.
$ 7350000.
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