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* * SHOW WORK SO I UNDERSTAND * * Vandenberg, Inc., produces and sells two products: a ceiling fan and a table fan. Vandenberg plans
SHOW WORK SO I UNDERSTAND
Vandenberg, Inc., produces and sells two products: a ceiling fan and a table fan. Vandenberg plans to sell ceiling fans and table fans in the coming year. Product price and cost information includes:
Ceiling Fan Table Fan
Price $ $
Unit variable cost $ $
Direct fixed cost $ $
Common fixed selling and administrative expenses total $
Required:
Question Content Area
What is the sales mix estimated for next year calculated to the lowest whole number for each product
Sales mix of ceiling fans to table fans fill in the blank cfcffafb
: fill in the blank cfcffafb
Using the sales mix from Requirement form a package of ceiling fans and table fans. How many ceiling fans and table fans are sold at breakeven? Round your intermediate calculations and final answers to the nearest whole number.
Breakeven ceiling fans fill in the blank cfcffafb
Breakeven table fans fill in the blank cfcffafb
Question Content Area
Prepare a contributionmarginbased income statement for Vandenberg, Inc., based on the unit sales calculated in Requirement If an amount is zero, enter Enter any negative product margin and losses with a minus sign. Do not round intermediate calculations. Round your final answers to nearest dollar.
Vandenberg, Inc.
ContributionMarginIncome Statement
For the Coming Year
Ceiling Fans Table Fans Total
Sales
$Sales
$Sales
$Sales
Less: Variable expenses
Less: Variable expenses
Less: Variable expenses
Less: Variable expenses
Contribution margin
$Contribution margin
$Contribution margin
$Contribution margin
Less: Direct fixed expenses
Less: Direct fixed expenses
Less: Direct fixed expenses
Less: Direct fixed expenses
Product margin
$Product margin
$Product margin
$Product margin
Less: Common fixed expenses
Less: Common fixed expenses
Operating income
$Operating income
Question Content Area
What if Vandenberg, Inc., wanted to earn operating income equal to $ Calculate the number of ceiling fans and table fans that must be sold to earn this level of operating income. Hint: Remember to form a package of ceiling fans and table fans based on the sales mix and to first calculate the number of packages to earn an operating income of $ Round your intermediate calculations and final answers to nearest number.
Breakeven ceiling fans fill in the blank cbaadfebf
Breakeven table fans fill in the blank cbaadfebf
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