Question: IMPORTANT: Please show your work for this problem by handwriting any supporting calculations on your own paper and submitting it after the test is over.
IMPORTANT: Please show your work for this problem by handwriting any supporting calculations on your own paper and submitting it after the test is over. Label your work with the question number The Lazy J sells two types of hammocks: Snoozefest and The Shady Lady. The following table provides information about each hammock. The Lazy J has $407.000 in fixed costs. Sales Mix Sales Price per Hammock $150 $200 Variable Costs per Hammock $50 70% Snoozefest The Shady Lady $70 30% units Since Snoozefest is its bestseller, The Lazy Jis considering only selling that product and halting production and sales of The Shady Lady Calculate the breakeven point in units if only Snoozefost is sold. What is The Lazy Js welghted-average contribution margin assuming both products continue to be sold? $ How many of each type of hammock does The Lazy J need to sell in order to achieve its goal of $375,000 in operating income this year? Total Hammocks to be Sold: Snoozefest Hammocks to be Sold: The Shady Lady Hammocks to be Sold
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