Question
Toppers produces two models of hats, fedoras and berets, both made out of cool skin felt fabric. Information regarding the products is summarized for the
Toppers produces two models of hats, fedoras and berets, both made out of cool skin felt fabric. Information regarding the products is summarized for the month of May in the following table:
| Fedoras | Berets | |
| Number of Hats | 1,000 | 4,000 |
| Sales Revenue | $28,000 | $72,000 |
| Variable Costs | $14,000 | $18,000 |
| Fixed Cost | $ 3,200 | $ 7,000 |
| Profit | $10,800 | $47,000 |
Compute the sales (dollars) of the Berets that the company must sell at the break-even point.
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Financial Accounting
Authors: Michael J. Jones
1st Edition
0470058986, 978-0470058985
