this is a case study with 3 questions, i havent been able to figure it out so can someone plz do all 3 parts. thanks
McGraw Connect Question 1 - Case Study.com + education.com/ext/map/index.html con control, bromera lunchsteht1,253A252F%252Fww.edication.com/25mgmiddlewa23m 1 Check my work mode : This shows what is correct or incorrect for the work you have completed KM Case Study #1 [LO 6-5, LO 6-9) Susan Lo picked up the phone and called her boss, Phil Takata, the vice president of marketing at Jewel Class Corporation: "Phil.I'm not sure how to go about answering the questions that come up at the meeting with the president yesterday." "What's the problem? "The president wanted to know the break even point for each of the company's products, but I am having trouble figuring them out" *I'm sure you can handle , Susan. And by the way, I need your analysis on my desk tomorrow morning at 8.00 sharp in time for the follow up meeting at 9:00- Jewel Clasps Corporation makes three different types of jewelry clasps in its manufacturing facility in North Carolina. Data concerning these products appear below. Gold Cor Annual sales volunt 299,000 Undt selling price $1.00 11.10 Variable expense per unit Silver 308.200.000 11.30 $0.90 50.00 $1.30 Total fixed expenses are $255,000 per year As three products are sold in highly competitive markets, so the company is unable to raise prices without losing an unacceptable numbers of customers The company has an extremely effective lean production system, so there are no beginning or ending work in process or finished goods inventores **TIP To answer the questions below, it will be most helpful if you prepare segmented income statements as stated in your textbook Required: 1. What is the company's over-all break even point in dollar sales 2 Or the total fixed expenses of $255,000 $23850 could be awekled of the Gold product is dropped, $11400 the Silver product is dropped, and $41000 of the Copper product is dropped the remaining foed expenses of 576,050 consist of common fixed expenses such as administrative salaries and rent on the factory building that could be avoided only by going out of business entirely a What is the break even point in unit sales for each product if the company sells exactly the break even quantay of each product, what will be the overall proht of the company? Proy 1 of 4 !! Next > O Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req I Reg 2A Reg 28 What is the company's over-all break-even point in dollar sales? (Round CM ratio to 4 decimal places and final answer to the nearest thousand dollars.) Break-even point in dollar sales $ 855,181 Road Req2A > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req1 Roa 2A Reg 2B What is the break-even point in unit sales for each product? (Do not round intermediate calculations.) Gold Silver Break-even point in unit sales Copper 187,000 27.900 157,000 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Reg 28 If the company sells exactly the break-even quantity of each product, what will be the overall profit of the company? Net operating loss $ 120,080 O Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req I Reg 2A Reg 28 What is the company's over-all break-even point in dollar sales? (Round CM ratio to 4 decimal places and final answer to the nearest thousand dollars.) Break-even point in dollar sales $ 855,181 Road Req2A > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req1 Roa 2A Reg 2B What is the break-even point in unit sales for each product? (Do not round intermediate calculations.) Gold Silver Break-even point in unit sales Copper 187,000 27.900 157,000 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Reg 28 If the company sells exactly the break-even quantity of each product, what will be the overall profit of the company? Net operating loss $ 120,080
