Swifty Corporation has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting
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Question:
Swifty Corporation has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Swifty incurs $6,937,500 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. The break-even point in dollars is
A.17,343,750
B.18,750,000
C.2,566,875
D.16,133,721
Related Book For
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
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