Leverage Corporation sells two products: Regular and Supreme. Leverage sells three Regulars for every two Supremes....
Leverage Corporation sells two products: Regular and Supreme. Leverage sells three Regulars for every two Supremes. The Regular sells for $20 each with variable costs of $11 each, whereas the Supreme sells for $25 each with variable costs of $15 each. If fixed costs are $21,000, what is the breakeven point in units? 1,167 units of each 1,050 units of each 1,340 units of Regular and 894 units of Supreme 894 units of Regular and 1,340 units of Supreme
- 1,167 units of each
- 1,050 units of each
- 1,340 units of Regular and 894 units of Supreme
- 894 units of Regular and 1,340 units of Supreme
Homework Answers
- Correct answer—(C) 1,340 units of Regular and 894 units of Supreme
|
Working |
Regular |
Supreme |
TOTAL |
|
|
A |
Price |
$ 20.00 |
$ 25.00 |
|
|
B |
Variable Cost per unit |
$ 11.00 |
$ 15.00 |
|
|
C = A - B |
Contribution Margin per unit |
$ 9.00 |
$ 10.00 |
|
|
D |
Product Mix |
60.00% |
40.00% |
107.69% |
|
E = C x D |
Weighted Average Contribution Margin |
$ 5.40 |
$ 4.00 |
$ 9.40 |
|
A |
Total Fixed Cost |
$ 21,000.00 |
|
B |
Weighted Average Contribution Margin |
$ 9.40 |
|
C = A/B |
Multi Product Break Even point |
2,234.04 |
|
C x 60% |
Regular |
1,340 |
|
C x 40% |
Supreme |
894 |
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