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Warm Hands, a small company based in Prince Edward Island, manufactures and sells two types of lightweight gloves for runner Warm and Cozy. Current
Warm Hands, a small company based in Prince Edward Island, manufactures and sells two types of lightweight gloves for runner Warm and Cozy. Current revenue, cost, and unit sales data for the two products appear below: Selling price per pair Variable expenses per pair Number of pairs sold monthly Warm $10.00 Cozy $15.00 $ 7.50 1,800 units 600 units $ 2.50 Fixed expenses are $1,800 per month. Required: 1. Assuming the sales mix above, do the following:
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