Acme Inc sells 2 types of product lines, Deluxe and Standard. The sales mix data and the contribution margin ratio per product line are listed below:

	Sales Mix	CM ratio by product line
Deluxe	40%	60%
Standard	60%	50%

Fixed costs are $324,000 and the sales mix is not expected to change. Breakeven in dollars by product line is:

Deluxe = $240,000 [ Select ] ["True", "False"] Standard = $360,000 [ Select ] ["False", "True"]

question 2

Double Boe, the manager of the Yuppy Puppy, was reviewing the water bills of a dog daycare and spa. He determined that its highest and lowest bills of $3,600 and $2,800 were incurred in the months of May and October, respectively. If 500 dogs were groomed in May and 300 dogs were groomed in October, what should Double Boe expect the water bill to be in November when the Yuppy Puppy expects to groom 450 dogs?

Answer rating: 100% (QA)

Answer For the first question To find the breakeven in dollars by product line we need to use the co... View the full answer