Question: Problem 2: (3.0 marks) Puleva Milenario SA, a company located in Toledo, Spain, manufactures and sells two models of luxuriously finished cutlery Alvaro and Baran.
Problem 2: (3.0 marks) Puleva Milenario SA, a company located in Toledo, Spain, manufactures and sells two models of luxuriously finished cutlery Alvaro and Baran. Present revenue, cost, and unit sales data for the two products appear below. All currency amounts are stated in terms of curos, which are indicated by the symbol Bazan Alvaro Selling price per unit Variable expenses per unit Number of units sold monthly 64.00 2.40 200 units 6.00 1.20 80 units Fixed expenses are 660 per month Required: a. Compute the overall contribution margin (CM) ratio for the company. (1 mark) b. Compute the overall break-even point for the company in curo sales. (1 mark) c. Compute sales at break-even point for each product. (1 mark)
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