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The Sock Company buys hiking socks for S6 per pair and sells them for $10. Management budgets monthly fixed costs of $12.000 for sales volumes
The Sock Company buys hiking socks for S6 per pair and sells them for $10. Management budgets monthly fixed costs of $12.000 for sales volumes between 0 and 121,000 pairs of socks. Read the requirement: Calculate the breakeven point in units. Select the labels and enter the amounts to find the breakeven point in units. The Sock Company reduces its sales price from $10 per pair to $8 per pair. Calculate the new breakeven point in units. The new breakeven point in units is The Sock Company finds a new supplier for the socks. Variable costs will decrease by $1 per pair. Calculate the new breakeven point in units. The new breakeven point in units is The Sock Company plans to advertise in hiking magazines. The advertising campaign will increase total fixed costs by $2.000 per month. Calculate the new breakeven point in units. The new breakeven point in units is In addition to selling hiking socks, The Sock Company would like to start selling sports socks. The Sock Company expects to sell one pair of hiking socks tor every three pairs of sports socks. The Sock Company will buy the sports socks for $4 per pair and sell them for $8 per pair. Total fixed costs will stay at $12.000 per month. Calculate the breakeven point in units for both hiking socks and sports socks. First, complete the table below to calculate the weighted-average contribution margin. Next, calculate the breakeven point for the "package" of products (Enter a "0" for any zero amounts Abbreviation used CM = contribution margin) Now calculate the breakeven point for each product Breakeven sales of hiking socks Breakeven sales of sport socks pairs of hiking socks pairs of sport socks Choose from any list or enter any number in the input fields and then continue to the next
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