Ahmed & Co. makes and sells two types of shoes, Plain and Fancy. Data concerning these products are as follows:...
Ahmed & Co. makes and sells two types of shoes, Plain and Fancy. Data concerning these products are as follows:
| Plain | Fancy | ||||||
| Unit selling price | $ | 25.00 | $ | 36.00 | |||
| Variable cost per unit | 13.00 | 20.00 | |||||
Sixty percent of the unit sales are Plain, and annual fixed expenses are $95,200.
Assuming that the sales mix remains constant, the total number of units that Ahmed must sell to break even is: (Round intermediate calculations to 2 decimal places and final answer to nearest whole number)
Homework Answers
Weighted average contribution margin per unit = (25-13*60%)+(36-20*40%) = 13.60
Break even Unit = Fixed cost/Weighted average contribution margin per unit = 95200/13.6 = 7000 Units
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Ahmed & Co. makes and sells two types of shoes, Plain and Fancy. Data concerning these products are as follows:...
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