A company produces two products: X and Y. Product X represents 60% of total sales and...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A company produces two products: X and Y. Product X represents 60% of total sales and product Y 40% of total sales. The weighted average Contribution Margin Ratio (CMR) of the company is 0.25. The fixed cost is $75,000. What are the sales of Product Y in the break-even point for the company? (1 Point) $480,000 $30,000 O $120,000 O $133,125 A company produces two products: X and Y. Product X represents 60% of total sales and product Y 40% of total sales. The weighted average Contribution Margin Ratio (CMR) of the company is 0.25. The fixed cost is $75,000. What are the sales of Product Y in the break-even point for the company? (1 Point) $480,000 $30,000 O $120,000 O $133,125
Expert Answer:
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Posted Date:
Students also viewed these accounting questions
-
A company produces two products A: 1600 sold per week at 9 each, direct unit cost is 2.50. B: 7000 sold per week at 5 each, direct unit cost is 4.20. Company overheads = 9000 per week Show the...
-
A company produces two main products: electronic control devices and specialty microchips. The average total cost of producing a microchip is $300; the firm then sells the chips to other high-tech...
-
Two products X and Y are made being using similar equipment and methods. Data for the previous year is as follows: Required Calculate the overhead to be absorbed per unit based on a) Conventional...
-
12. Assume that the government has placed a regulation on the emission from diesel that will increase the cost of diesel. Graphically and verbally describe the impacts of this regulation on the...
-
Go to http://lowes.com to locate financial information for Lowes Companies. You can follow the link at the bottom of the page to Investor Relations, to Investor Documents, to SEC Filings and finally...
-
What the legal framework for cryptocurrencies in South Africa is. I need legal questions to help me get information to speak about the legal framework of cryptocurrencies in South Africa. I need all...
-
Contains the average sales for five stores across four seasons. Which season was the best of all for sales?
-
Rouse Chemical has spent $ 241,000 to refine 71,000 gallons of acetone, which can be sold for $ 1.90 a gallon. Alternatively, Rouse Chemical can process the acetone further. This processing will...
-
Pharoah Electronix sells computer tablets and MP 3 players. The business is divided into two divisions along product lines. CVP income statements for a recent auarter's activitv are presented...
-
Google is considering a project to move a fraction of its workforce out of Silicon Valley to a cheaper, more efficient location. There are two alternatives. Project 1: the initial move costs $45...
-
What is the imitation game? How is it supposed to apply to the question of whether machines can think? Do you agree with Alan Turings conclusion based on the imitation game? Why/why not?
-
What does IFRS stand for? Who sets up the IFRS and are there many countries adopting IFRS? What is the advantage to adopt IFRS?
-
According to the IASB, there have been more than 100 countries or jurisdictions adopting IFRS. What is the scope of IFRS when people mention this term?
-
Briefly explain the evolutionary establishment of IASB.
-
(a) Define Mach number and Mach angle. (b) Give an expression that represents sonic speed in an arbitrary fluid. (c) Give the relation used to compute sonic speed in a perfect gas.
-
FASB, GAAP, SEC, CPA, AICPA, IRS, IASB, IFRS are all acronyms used in accounting. For the preceding list of acronyms, state what the acronym stands for and then give a definition of each acronym.
-
4.1 The percentage extension () after time t (s) under true stress o (MPa) of a homopolymer is given with the following equation. = 0.0660 + 1.5.10-6.t/3. e0.60t a) Plot o against at fixed times t =...
-
Read the following description and Write a response of it. The discretion of public administrators can be decreased, but not altogether eliminated. Officials will use their discretion in any given...
-
Nolan Industries manufactures water filters/purifiers that attach to a kitchen faucet. Each purifier consists of a housing unit that attaches to the faucet and a 60-day filter (sold separately) that...
-
Urn I contains 3 red and 4 white balls and urn II contains 5 red and 2 white balls. An urn is selected and a ball is drawn. (a) What is the probability that urn I is selected and a red ball is drawn?...
-
If the probability that a certain couple will have a blue-eyed child is 1/2, and they have 4 children, what is the probability that (a) None of the children has blue eyes? (b) At least 1 child has...
-
The 10-Q filing with the Securities and Exchange Commission is produced by the company's: A. management. B. beneficial owners. C. independent accountant.
-
If an investor would like to find out the compensation of the highest paid employees of the company, the best source of this information is the company's: A. 8-K filing. B. 10-K filing. C. proxy...
-
Off-balance sheet financing is a concern because: A. It is illegal. B. It is recorded at book value instead of market value. C. There is debt that is not fully reported in the financial statements.
Study smarter with the SolutionInn App