Malibu Corporation has monthly fixed costs of $63,000. It sells two products for which it has provided the following information:
| Sales Price | Contribution Margin |
Product 1 | $10 | $6 |
Product 2 | 10 | 3 |
a. What total monthly sales revenue is required to break even if the relative sales mix is 40 percent for Product 1 and 60 percent for Product 2?
b. What total monthly sales revenue is required to earn a monthly operating income of $12,000 if the relative sales mix is 25 percent for Product 1 and 75 percent for Product 2?
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.