Question: Problem 7 - 1 2 ( Algo ) A firm is selling two products - chairs and bar stools - each at $ 6 0
Problem Algo
A firm is selling two productschairs and bar stoolseach at $ per unit. Chairs have a variable cost of $ and bar stools $ The
fixed cost for the firm is $
a If the sales mix is :one chair sold for every bar stool sold what is the breakeven point in dollars of sales? In units of chairs and
bar stools?
Note: Round your answers to a whole number before calculating the breakeven point and round the breakeven point to the
nearest whole number.
Answer is complete but not entirely correct.
b If the sales mix changes to :one chair sold for every four bar stools sold what is the breakeven point in dollars of sales? In units
of chairs and bar stools?
Note: Round your answers to a whole number before calculating the breakeven point and round the breakeven point to the
nearest whole number.
Answer is complete but not entirely correct.
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