X Data table PRODUCT SALES PRICE VARIABLE COSTS SALES VOLUME Hamburgers $ 1.10 $ 0.60 20,000 Chicken sandwiches 1.30 0.70 22,000 French fries 0.70 0.30 20,000 Print DoneNew Jersey Favorites Company produces toy Requirements alligators and toy dolphins. Fixed costs are (a) Suppose the company currently sells $1,305,000 per year. Sales revenue and variable 165,000 alligators per year and 55,000 costs per unit are as follow: dolphins per year. Assuming the sales mix stays constant, how many alligators Alligators Dolphins and dolphins must the company sell to break even per year? Sales price $ 17 $ 24 (b) Suppose the company currently sells Variable costs 11 6 55,000 alligators per year and 165,000 dolphins per year. Assuming the sales mix stays constant, how many alligators and dolphins must the company sell to break even per year? (c) Explain why the total number of toys needed to break even in part a is the same as or different from the number in part b. . . . sell to break even per year? Begin by determining the sales mix ratios for each product. (Round the ratios to two decimal places.) Alligators 0.75 Dolphins 0.25 Next determine the formula used to calculate the total units needed to breakeven, the calculate the total units to breakeven. (Abbreviation used: CM = Contribution margin; FC = Fixed costs; SP = Sales price; VC = Variable costs) Total Alligators Dolphins Total units to X X )] = breakeven X X b1=New Jersey Favorites Company produces toy Requirements alligators and toy dolphins. Fixed costs are (a) Suppose the company currently sells $1,305,000 per year. Sales revenue and variable 165,000 alligators per year and 55,000 costs per unit are as follow: dolphins per year. Assuming the sales mix stays constant, how many alligators Alligators Dolphins and dolphins must the company sell to break even per year? Sales price $ 17 $ 24 (b) Suppose the company currently sells Variable costs 11 6 55,000 alligators per year and 165,000 dolphins per year. Assuming the sales mix stays constant, how many alligators and dolphins must the company sell to break even per year? (c) Explain why the total number of toys needed to break even in part a is the same as or different from the number in part b. (. . . ear? he sales mix ratios for each product. (Round the ratios to two decimal places.) CM per unit 5 FC 15 nula used to calculate the total units needed to breakeven, the calculate the total SP per unit breviation used: CM = Contribution margin; FC = Fixed costs; SP = Sales price; VC per unit Alligators Dolphins Total units to X X = breakeven X X )1=New Jersey Favorites Company produces toy Requirements alligators and toy dolphins. Fixed costs are (a) Suppose the company currently sells $1,305,000 per year. Sales revenue and variable 165,000 alligators per year and 55,000 costs per unit are as follow: dolphins per year. Assuming the sales mix stays constant, how many alligators Alligators Dolphins and dolphins must the company sell to break even per year? Sales price $ 17 $ 24 (b) Suppose the company currently sells 55,000 alligators per year and 165,000 Variable costs 11 6 _ _ dolphins per year. Assuming the sales mix stays constant, how many alligators and dolphins must the company sell to break even per year? (c) Explain why the total number of toys needed to break even in part a is the same as or different from the number in part b. p... ,...... . .............-- -.-..........., ...... ......., .....=,...-... ...... ..-.,........ ........ ..... -.....,....., sell to break evel - Begin by determi If each product. (Round the ratios to two decimal places.) Alligators CM per mm DOIphins Sales mix ratio Next determine t _ te the total units needed to breakeven, the calculate the total units to breakeve SP Per un't = Contribution margin; FC = Fixed costs; SP = Sales price; VC = Variable co VC per unit _ Total Dolphins Total units to l:|'[(-| " X|:|)+(l:lxl:|)]= breakeven |:|f[(l:|X|:|)+(l:|X|:|)]=l:l New Jersey Favorites Company produces toy Requirements alligators and toy dolphins. Fixed costs are (a) Suppose the company currently sells $1,305,000 per year. Sales revenue and variable 165,000 alligators per year and 55,000 costs per unit are as follow: dolphins per year. Assuming the sales mix stays constant, how many alligators Alligators Dolphins and dolphins must the company sell to break even per year? Sales price $ 17 $ 24 (b) Suppose the company currently sells Variable costs 11 6 55,000 alligators per year and 165,000 dolphins per year. Assuming the sales mix stays constant, how many alligators and dolphins must the company sell to break even per year? (c) Explain why the total number of toys needed to break even in part a is the same as or different from the number in part b. inof ind sell to break even per year? Begin by determining the sales m (Round the ratios to two decimal places.) Alligators 0.75 CM per unit Dolphins 0.25 Sales mix ratio Next determine the formula used needed to breakeven, the calculate the total units to breakeven. (Abbreviation SP per unit nargin; FC = Fixed costs; SP = Sales price; VC = Variable costs) VC per unit Total Alli Dolphins Total units to X V ) + ( X ) ] = breakeven X ( ) + ( XNew Jersey Favorites Company produces toy Requirements alligators and toy dolphins. Fixed costs are (a) Suppose the company currently sells $1,305,000 per year. Sales revenue and variable 165,000 alligators per year and 55,000 costs per unit are as follow: dolphins per year. Assuming the sales mix stays constant, how many alligators Alligators Dolphins and dolphins must the company sell to break even per year? Sales price $ 17 $ 24 (b) Suppose the company currently sells Variable costs 11 6 55,000 alligators per year and 165,000 dolphins per year. Assuming the sales mix stays constant, how many alligators and dolphins must the company sell to break even per year? (c) Explain why the total number of toys needed to break even in part a is the same as or different from the number in part b. sell to break even per year? Begin by determining the sales mix ratios for each pr two decimal places.) Alligators 0.75 CM per unit Dolphins 0.25 Sales mix ratio Next determine the formula used to calculate the tota n, the calculate the total units to breakeven. (Abbreviation used: CM = Contrit SP per unit costs; SP = Sales price; VC = Variable costs) VC per unit Total Alligators Total units to X = breakeven XNew Jersey Favorites Company produces toy Requirements alligators and toy dolphins. Fixed costs are (a) Suppose the company currently sells $1,305,000 per year. Sales revenue and variable 165,000 alligators per year and 55,000 costs per unit are as follow: dolphins per year. Assuming the sales mix stays constant, how many alligators Alligators Dolphins and dolphins must the company sell to break even per year? Sales price $ 17 $ 24 (b) Suppose the company currently sells Variable costs 11 6 55,000 alligators per year and 165,000 dolphins per year. Assuming the sales mix stays constant, how many alligators and dolphins must the company sell to break even per year? (c) Explain why the total number of toys needed to break even in part a is the same as or different from the number in part b. p... PM. . .ccu......g ..... w..." mu," .............., ...... ......., .....=,....,... ...-...,,...., sell to break even per year? Begin by determining the sales mix ratios for each product. (Round t aces.) Alligators 0-75 CM per mm DOIF'hins 0'25 Sales mix ratio Next determine the formula used to calculate the total units needed 1 _ the total units to breakeven. (Abbreviation used: CM = Contribution margin; F SP per unit as price; VC = Variable costs) VC per unit Total Alligators tal units to |:|"'[(l:|X |:|)+(l:ll: Ol Vl)]= breakeven |:|f[(l:|>