Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Veejay Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data: Pairs of Shoes
Veejay Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data:
Pairs of Shoes | Pairs of Gloves | Range-Finder | |||||||||||
Unit sales price | $105 | $30 | $295 | ||||||||||
Unit variable costs | 60 | 9 | 225 | ||||||||||
Unit contribution margin | $45 | $21 | $70 | ||||||||||
Sales mix | 35% | 50% | 15% |
Fixed costs are $882,000.
Calculate the break-even point in units for the company. (Round weighted-average contribution margin per unit to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 125.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started