Flex Company sells two products: Alpha and Beta. The planned product mix is that for every one
Question:
Flex Company sells two products: Alpha and Beta. The planned product mix is that for every one unit of Alpha sold, three units of Beta will be sold. The contribution margins for Alpha and Beta are $7 and $3, respectively. Total fixed costs are $3 million. If the sales mix remains constant, how many units of each product must Flex Company sell if the target profit at Flex Company is $1.8 million?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
Lets assume that x units of Alpha are sold Then the number ...View the full answer
Answered By
BillClinton Muguai
I have been a tutor for the past 5 years. I have experience working with students in a variety of subject areas, including computer science, math, science, English, and history. I have also worked with students of all ages, from elementary school to college. In addition to my tutoring experience, I have a degree in education from a top university. This has given me a strong foundation in child development and learning theories, which I use to inform my tutoring practices.
I am patient and adaptable, and I work to create a positive and supportive learning environment for my students. I believe that all students have the ability to succeed, and it is my job to help them find and develop their strengths. I am confident in my ability to tutor students and help them achieve their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
Management Accounting Information For Decision Making
ISBN: 9781618533517
7th Edition
Authors: Anthony A. Atkinson
Question Posted:
Students also viewed these Accounting Theory questions
-
Grand Company manufactures products Alpha and Beta from a joint process, which also yields a by-product, Gamma. Grand accounts for the revenues from its by-product sales as other income. Additional...
-
JAWA Company sells two products with information as follows: Products are made by machine. 4 units of Product A can be made with one machine hour and 2 units of Product B can be made with one machine...
-
A company sells two products with information as follows: Products are made by machine. 4 units of Product A can be made with one machine hour and 2 units of Product B can be made with one machine...
-
On the basis of the given scenario create a file Expenses.txt, Open the file and copy it into another Expenses2.txt, Also show output on screen A college has announced a total budget of 50,000Rs.for...
-
A study about smoking and personality used a sample of 1638 adults in the Baltimore Longitudinal Study on Aging. The subjects formed three groups according to smoking status (never, former, current)....
-
In the investment world, commodities are typically pretty boring. From livestock to grains to steel and other metals, commodities have their ups and downs. But long term, the world will always need...
-
What is the systems model of T&D? Discuss how HRIS T&D applications can assist in carrying out the steps in the systems model.
-
Consider a two-stage rocket made up of two engine stages, each of inertia m when empty, and a payload of inertia m . Stages 1 and 2 each contain fuel of inertia m , so that the rocket's inertia...
-
The stock price of XYZ, Inc. will either rise by 35% or fall by 15% over the next three months. The current price of XYZ is $100 a share. The three-month risk-free interest rate is 2%. Note that...
-
Right Company purchased 25,000 common shares (25%) of ON Inc. on January 1, Year 11, for $250,000. Right uses the equity method to report its investment in ON because it has significant influence in...
-
Rover Company produces two products: Start and End. Start has a contribution margin of $8 per unit, and End has a contribution margin of $10 per unit. Currently, for every two units of Start that...
-
Brant Consulting designs costing and transfer pricing systems for its clients. Here is a summary of volume, revenue, and cost expectations for the upcoming year: Required (a) Assuming a constant...
-
A student performed an experiment with three different grips to see what effect it might have on the distance of a backhanded Frisbee throw. She tried it with her normal grip, with one finger out,...
-
A non resident alien to the US received the following income: Compensation of $10 million from performing concerts in the United States Cash dividends of $20,000 from a U.S. corporation Interest of...
-
Louisville Bat Company is working on its Budgeted Balance Sheet for the upcoming year. They have collected the following account information for their balance sheet: Cash account balance of $72,000,...
-
During 20X4, Bowyer Company introduced a new product carrying a two-year warranty against defects. The estimated warranty costs related to dollar sales are 2% within 12 months following the sale and...
-
For the most recent year, Tesla Corp. has a net income of $14,550. The tax rate was 22%. Tesla paid $3,670 in total interest expense and deducted $4,700 in depreciation expense. What was Tesla's cash...
-
Bonita Company management wants to maintain a minimum monthly cash balance of $22,500. At the beginning of April, the cash balance is $22,500, expected cash receipts for April are $220,500, and cash...
-
About trial and appellate courts: a. Define each. b. What is the purpose of each? c. Do juries assist both? Explain. d. Do both exist in state and federal systems? e. Do witnesses testify before...
-
The following selected information was taken from Sun Valley Citys general fund statement of revenues, expenditures, and changes in fund balance for the year ended December 31, 2019: Revenues:...
-
You work for a consulting firm and have been given the assignment of deciding whether a particular company president is overpaid both in absolute terms and relative to presidents of comparable...
-
When should an organization use a cash bonus?
-
When should an organization use profit sharing?
-
A company is facing high turnover rates among its employees. They want to analyze the factors contributing to this issue and find potential solutions. Using numerical data, assess the impact of...
-
Sep. 25: Sold merchandise inventory to Smith for $ 1 comma 100 on account that cost $ 484. Terms of 2/10, n/30 was offered, FOB shipping point. As a courtesy to Smith, $ 90 of freight was added to...
-
A metal has an FCC crystal structure. The lattice parameter is 0.38 nm and the relative atomic weight of the atoms is 85. Given Avogadro's number = 6.022 1023 atoms/mol. (a) Calculate the density of...
Study smarter with the SolutionInn App