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Speedy's Scooters plans to sell a standard scooter for $550 and a chrome scooter for $750. Speedy's purchases the standard scooter for $225 and the
Speedy's Scooters plans to sell a standard scooter for $550 and a chrome scooter for $750. Speedy's purchases the standard scooter for $225 and the chrome scooter for $300. Speedy's expects to sell one standard scooter for every three chrome scooters. Speedy's monthly fixed costs are $301,500. Read the requirements. Requirement 1. How many of each type of scooter must Speedy's Scooters sell each month to break even? Start by selecting the formula and entering the amounts to compute the breakeven point in units for the "package" of productstotal scooters to be sold. (Enter a "0" for any zero balances. Enter currency amounts to the nearest cent. Abbreviation used: Weighted-avg. CM weighted-average contribution margin.) Requirements + + ) 1. How many of each type of scooter must Speedy's Scooters sell each month to break even? 2. How many of each type of scooter must Speedy's Scooters sell each month to earn $753,750? 3. Suppose Speedy's expectation to sell one standard scooter for every three chrome scooters was incorrect and for every four scooters sold two are standard scooters and two are chrome scooters. Will the breakeven point of total scooters increase or decrease? Why? (Calculation not required.) = Required sales in units
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