Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Case Company produces two types of phone protective cases: the plain model and the fancy model. Last year, Case sold 100,000 plain cases and

The Case Company produces two types of phone protective cases: the plain model and the fancy model. Last year, Case sold 100,000 plain cases and 50,000 fancy cases. Also given:

Total fixed costs are $70,000.

: Plain Fancy

Selling price/unit $13.00 $16.00

Variable cost/unit 5.00 7.00

20. What is the weighted average CM (contribution margin) per unit (using sales mix as the weights)?

a.

$5.33

c.

$4.33

b.

$3.00

d.

$8.33

21. Refer to the data in question 20. What is the total break-even point in units (rounded)?

a.

8,400

c.

2,800

b.

5,600

d.

Cannot be determined

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Content Audits And Inventories A Handbook For Content Analysis

Authors: Paula Ladenburg Land

2nd Edition

1937434826, 978-1937434823

More Books

Students also viewed these Accounting questions

Question

Distinguish between hearing and listening.

Answered: 1 week ago

Question

Use your voice effectively.

Answered: 1 week ago