Topic 4 Assignment i 4 8 33 points eBook Hint References Assume MIX Incorporated has sales volume of $1,072,000 for two products with May sales and contribution margin ratios as follows Product A Sales $424,000 Contribution Margin Ratio 30 Product B Sales $648,000 Contribution Margin Ratio 60 Required Assume MIX's fixed expenses are $308,000 Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume Note Round Average contribution margin ratio answer to 2 decimal places Round up Breakeven sales volume answer to nearest whole dollar Total contribution margin Operating income Average contribution margin ratio Breakeven sales volume $ $ Saved 516,000 208,000 Assume MIX Incorporated has sales volume of $1,072,000 for two products with May sales and contribution margin ratios as follows Product A Sales $424,000 Contribution Margin Ratio 30 Product B Soles $648,000 Contribution Margin Ratio 60 Required Assume MIX's fixed expenses are $308,000, Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume, Note Round Average contribution margin ratio answer to 2 decimal places Round up Breakeven sales volume answer to nearest whole dollar

Question

Topic 4 Assignment i 4 8 33 points eBook Hint References Assume MIX Incorporated has sales volume of $1,072,000 for two products with May sales and contribution margin ratios as follows  Product A  Sales $424,000  Contribution Margin Ratio 30  Product B  Sales $648,000  Contribution Margin Ratio 60  Required  Assume MIX's fixed expenses are $308,000  Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume  Note  Round  Average contribution margin ratio  answer to 2 decimal places  Round up  Breakeven sales volume  answer to nearest whole dollar  Total contribution margin Operating income Average contribution margin ratio Breakeven sales volume $ $ Saved 516,000 208,000   Assume MIX Incorporated has sales volume of $1,072,000 for two products with May sales and contribution margin ratios as follows  Product A  Sales  $424,000  Contribution Margin Ratio 30  Product B  Soles $648,000  Contribution Margin Ratio 60  Required  Assume MIX's fixed expenses are $308,000, Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume, Note  Round  Average contribution margin ratio  answer to 2 decimal places  Round up  Breakeven sales volume  answer to nearest whole dollar

Accepted Answer

The Answer is in the image, click to view ...

Question

Topic 4 Assignment i 4 8.33 points eBook Hint References Assume MIX Incorporated has sales volume of $1,072,000 for two products with May sales and

Step by Step Solution

Step: 1

Get Instant Access to Expert-Tailored Solutions

Step: 2

Step: 3

Ace Your Homework with AI

Recommended Textbook for

Managerial Accounting

Students also viewed these Accounting questions

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question