Question: please compete - Data table Sales price Variable cost Twig Stands Oak Stands $ 15.00 $ 35.00 2.50 $ 10.00 Print Done Kris Walker admired

- Data table Sales price Variable cost Twig Stands Oak Stands $ 15.00 $ 35.00 2.50 $ 10.00 Print Done Kris Walker admired his wife's success at selling scarves of local crafts shows. So he decided to make two types of plant stands to sell at the shows, Kris makes twig stands out of downed wood from his backyard and the yards of his neighbors, so his variable cost is minimal (wood screws, glue, and so forth). However, Kris has to purchase wood to make his oak plant stands. His unit prices and costs are as follows: Click the icon to view the data) The twig stands are more popular, so Kris sells fourtwig stands for every one oak stand. Athena charges her husband $300 to share her booth at the craft shows (after all, she has paid the entrance fees). How many of each plant stand does Kris need to sell to breakeven? Will this affect the number of scarves Athena needs to sell to breakeven? Explain. 15.00 Determine how many of each plant stand Kris needs to sell to breakeven. Begin by computing the weighted average contribution margin per unit. First identify the formula labels, then complete the calculations step by step, Twig Oak Sale price per unit Loss Variable cost per unit 2.50 Contribution margin per unit 12.50 Sales mix Contribution margin 50.00 Weighted average contribution margin per unit 4
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
