Question: PROBLEM 6 Lamar & Co., makes and sells two types of shoes, Plain and Fancy. Data concern products are as follows: Plain and Fancy. Data
PROBLEM 6 Lamar & Co., makes and sells two types of shoes, Plain and Fancy. Data concern products are as follows: Plain and Fancy. Data concerning these Unit selling price Variable cost per unit Plain $20.00 12.00 Fancy $35.00 24.50 Sixty percent of the unit sales are plain, and annual fixed expenses are $45,000, Assuming that the sales mix remains constant, compute the total number of units of each product that the company must sell to break even
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