Question
In: Accounting
Venus' Major Retail Outlet is a company that specializes in selling Jeans, Jackets, and Scarves. The...
| Venus' Major Retail Outlet is a company that specializes in selling Jeans, Jackets, and Scarves. | ||||||
| The sales mix is 4:4:2 (i.e. for every 4 Jeans sold, 4 Jackets and 2 Scarves are sold). | ||||||
| Find the break-even point for each product. The company's annual fixed costs are 26,000 | ||||||
| Additionally, please find the target # of untis to reach an operating profit of $16,000. | ||||||
| Selling Price Per Unit | Variable Cost Per Unit | Contribution Margin Per unit | ||||
| jeans | 40 | 10 | 30 | |||
| jackets | 100 | 40 | 60 | |||
| scarves | 25 | 5 | 20 | |||
Solutions
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