Question: The Stackpole Company retails two products: a standard and a deluxe version of a luggage carrier. The budgeted income statement for next period is as
The Stackpole Company retails two products: a standard and a deluxe version of a luggage carrier. The budgeted income statement for next period is as follows: (Click the icon to view the budgeted income statement.) Read the requirements. Requirement 1. Compute the breakeven point in units, assuming that the company achieves its planned sales mix Begin by determining the sales mix. For every 1 deluxe unit(s) sold, standard units are sold. Data table X Standard Carrier Deluxe Carrier Total 180,000 60,000 240,000 Units sold Revenues at $30 and $38 per unit $ Variable costs at $24 and $28 per unit 5,400,000 $ 4,320,000 Hel Contribution margins at $6 and $10 per unit $ 1,080,000 $ 2,280,000 $ 1,680,000 600,000 7,680,000 6,000,000 Check answer 1,680,000 Fixed costs 1,050,000 $ 630,000 Operating income
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