Question: The Splendid woods is the most popular carpenters in producing coffee tables for restaurants. It sells two varieties of tables one made of pine and

The Splendid woods is the most popular carpenters in producing coffee tables for restaurants. It sells two varieties of tables one made of pine and other of oak. Pine table sells for $35 per table and Oak sells for $30 per table. Fixed costs total $30,000. Additional cost data is given below: Pine Table Oak Table Price per table $35 $30 Unit variable cost $15 $20 Unit contribution margin $20 $10 Sales volume 3,000 1,000 How many tables of Pine and Oak must The Splendid wood sell in a year to break even? 2. At the current product mix, how many tables of Pine and Oak must The Splendid wood sell in a year in order to earn a profit of $50,000

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