Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Super Mix Company produces and sells two products, tables and chairs. Following is next month's income budget: Sales in units Sales Variable Costs Fixed
Super Mix Company produces and sells two products, tables and chairs. Following is next month's income budget: Sales in units Sales Variable Costs Fixed Cost Chairs 1. 2. 3. 4. 5. 6. 7. 8. 9. 600 units P 1,200.00 1,050.00 Tables 150 units P187.50 112.50 750 units P1,387.50 1,162.50 90.00 Total How much is the weighted average contribution margin per unit? P_ How much is the weighted average contribution margin ratio? How many units of chairs should be sold next month to break-even?_ How many units of tables should be sold next month to break-even? How much the sales of chairs should be next month to break even? P How much the sales of tables should be next month to break-even? P How many units of chairs should be sold to earn a profit of P150? How many units of tables should be sold to earn a profit of P150? Assume that 4 units of tables are sold for every unit of chair, what would be the break-even point in pesos? P 10. Assume that 4 units of tables are sold for every unit of chair, what would be the break-even point in units? Units units units units units
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Super Mix Company S No Particulars Chairs Tables Total 1 Sales in units 600 150 750 2 Sales P1200 P1875 P13875 3 Variable Cost P1050 P1125 P11625 4 Contribution margin 23 P150 P75 P225 5 Fixed Cost FC ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started