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SP 5 Serial Problem Business Solutions (Algo) LO P3 Business Solutions sells upscale modular desk units (60% of sales) and office chairs (40% of sales).
SP 5 Serial Problem Business Solutions (Algo) LO P3
Business Solutions sells upscale modular desk units (60% of sales) and office chairs (40% of sales). Selling prices are $1,190 per desk unit and $660 per chair. Variable costs are $715 per desk unit and $330 per chair. Fixed costs are $191,820.
Required:
1. Compute the weighted-average contribution margin.
2. Compute the break-even point in units.
3. Compute the number of units of each product that would be sold at the break-even point.
SP 5 Serial Problem Business Solutions (Algo) LO P3 Business Solutions sells upscale modular desk units (60% of sales) and office chairs (40% of sales). Selling prices are $1,190 per desk unit and $660 per chair. Variable costs are $715 per desk unit and $330 per chair. Fixed costs are $191,820. Required: 1. Compute the weighted-average contribution margin. 2. Compute the break-even point in units. 3. Compute the number of units of each product that would be sold at the break-even point. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the weighted-average contribution margin. (Round your final answer to the nearest whole number.) Weighted average contribution margin SP 5 Serial Problem Business Solutions (Algo) LO P3 Business Solutions sells upscale modular desk units (60% of sales) and office chairs (40% of sales). Selling prices are $1,190 per desk unit and $660 per chair. Variable costs are $715 per desk unit and $330 per chair. Fixed costs are $191,820. Required: 1. Compute the weighted-average contribution margin. 2. Compute the break-even point in units. 3. Compute the number of units of each product that would be sold at the break-even point. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the break-even point in units. (Do not round your intermediate calculations and round your final answer up to the nearest whole unit.) Break-even point units SP 5 Serial Problem Business Solutions (Algo) LO P3 Business Solutions sells upscale modular desk units (60% of sales) and office chairs (40% of sales). Selling prices are $1,190 per desk unit and $660 per chair . Variable costs are $715 per desk unit and $330 per chair. Fixed costs are $191,820. Required: 1. Compute the weighted average contribution margin. 2. Compute the break-even point in units. 3. Compute the number of units of each product that would be sold at the break-even point. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the number of units of each product that would be sold at the break-even point. Desk Chairs Unit salesStep by Step Solution
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