The Cool Watch company sells two products. The company's water-resistant model sells for $100, has a...

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The Cool Watch company sells two products. The company's water-resistant model sells for $100, has a contribution margin of 35%, and generated sales of $100,000. The company's "basic timepiece" sells for $40, has a contribution margin of 40%, and generated sales of $80,000. Fixed expenses for the company as a whole were $50,000 and the product mix was constant. a) How many watches did the company sell? b) Compute the break-even point for the company in sales dollars. Round all calculations to two decimal places. The Cool Watch company sells two products. The company's water-resistant model sells for $100, has a contribution margin of 35%, and generated sales of $100,000. The company's "basic timepiece" sells for $40, has a contribution margin of 40%, and generated sales of $80,000. Fixed expenses for the company as a whole were $50,000 and the product mix was constant. a) How many watches did the company sell? b) Compute the break-even point for the company in sales dollars. Round all calculations to two decimal places.

Answer rating: 100% (QA)

ANSWER Lets solve the problem step by step a To find out how many watches the company sold we need t... View the full answer