Question: Please provide formulas/solutions used when posting solutions to all required parts Problem 2, 15 points: Assume the Southeast Furniture Company sells two kinds of picnic
Problem 2, 15 points: Assume the Southeast Furniture Company sells two kinds of picnic tables, pine and redwood. At a 2:1 unit sales mix in which Southeast sells two pine tables for every redwood table, the following revenue and cost information is available. Pine Table Redwood Table Unit selling price S400 si 200 Unit variable costs S250 S 550 Unit contribution margin. $150 S 650 Fixed costs per month: $18,000 Required: 1. Assuming a 2:1 sales mix, calculate Southeast Furniture's current monthly average unit contribution margin. 2. Calculate break-even sales volume in units 3. Calculate the number of units of Pine and Redwood tables at break-even point. Be sure to number and properly label each part of your
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