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