Homework Answers
Total revenue=545328+258867=804195
Total Contribution margin = 217728+68502=286230
Contribution margin ratio = 286230/804195 = 36%
Breakeven sales = Fixed cost/Contribution margin ratio
= 250,000/36%
= 694,444
Option C is the answer
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9. A $33.65 BO $42.06 CO $52.58 $102.70 DO $65.72 FO EO $82.16 EO $82. 8...
FO $102.70 9. AO $33.65 BO $42.06 CO $52.58 DO $65.72 EO $82.16 and provides the...
FO $102.70 9. AO $33.65 BO $42.06 CO $52.58 DO $65.72 EO $82.16 and provides the following budgets for its two products: EO $62.1 8pl/X Company is starting a new merchandising business and provi Revenue Total CM $545,328 $217,728 68,502 are $250.000. X Company would like to at least break even in its first year of oper "der for that to happen fround unit numbers to two decimal places)? Assume that the be Product 258,867 Next year's budgeted fixed costs...
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& pt X Company is starting a new merchandising business and provides the following budgets for its two products, Product Revenue $504,104 266.596 Total CM $157,532 73.146 B Next year's bucigeted fixed costs are $245,000. X Company would like to at least break even in its first year of operation; what mest total sales be in order for that to happen (round unit numbers to two decimal places)? Assume that the budgeted product mix will not change. 10. AO $135,814...
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