Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

youth model sells for $700, unit cm of $385. adult models sells for $1060, has a unit cm of $583, recreational model sells for $1500,

image text in transcribed

youth model sells for $700, unit cm of $385. adult models sells for $1060, has a unit cm of $583, recreational model sells for $1500, has a unit cm of $825. sales mix includes 5 youth models, 9 adult models, 6 recreational models. firms annual fixed costs are $6,820,000, calculate firms break even point in total sales dollars

Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sols for $700 and has a unit contribution margin of $385, the Adult model sells for $1.060 and has a unit contribution margin of $583: and the Recreational model sells for $1.500 and has a unit contribution margin of $825. The company's sales mix includes: 5 Youth models: 9 Acun models and Recreational models. If the firm's fred costs total $6.820,000, calculate the firm's break even point Multiple Choice 57.080.525 O O OO $2,09242 35

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Information Security A Complete Guide

Authors: Gerardus Blokdyk

2020 Edition

1867303531, 978-1867303534

More Books

Students also viewed these Accounting questions