Do Homework - jennifer sanchez ACG 2071 Fall 2017 jennifer sanchez 11/3/17 10:57
ID: 2562521 • Letter: D
Question
Do Homework - jennifer sanchez ACG 2071 Fall 2017 jennifer sanchez 11/3/17 10:57 PM Homework: Ch. 9 CVP Analysis Score: O of 1 pt E7-28A (similar to) 5018(o complete) Hw Score: 0%, 0 of 8 pts Question Help Danny Cobb admired his wile's success at selling scarves at local crafts shows, The twig stands are more popular, so Danny sells four twig stands for every one so he decided to make two types of plant stands to sell at the shows. Danny neighbors, so his variable cost is minimal (wood screws, glue, and so forth) prices and costs are as follows oak stand. Allison charges her husband $490 to share her booth at the craft twig stands out of downed wood from his backyard and the yards of his shows (after all, she has paid the entrance fees). How many of each plant stand does Danny need to sell to breakeven? Will this affect the number of scarves Allison needs to sell to breakeven? Explain. Danny has to purchase wood to make his oak plant stands. His unit (Click the icon to view the data) Determine how many of each plant stand Danny needs to sell to breakeven. Begin by computing the weighted-average contribution margin per unit. First identify the Choose from any drop-down list and then click Check Answer 6 Clear All Check AnswerExplanation / Answer
Twig Stands
Oak Stands
Total
Sales Price
$14.00
$32.00
Variable cost
$2.50
$8.00
Contribution Margin - per unit
$11.50
$24.00
$35.50
X Sales mix
80%
20%
100%
Weighted Contribution margin
$9.20
$4.80
$14.00
Fixed Costs
$490.00
Breakeven units
35.00
Breakeven units - of each stand (Total x Sales mix)
28.00
7.00
Contribution Margin on Breakeven sales
$322.00
$168.00
$490.00
Twig Stands
Oak Stands
Total
Sales Price
$14.00
$32.00
Variable cost
$2.50
$8.00
Contribution Margin - per unit
$11.50
$24.00
$35.50
X Sales mix
80%
20%
100%
Weighted Contribution margin
$9.20
$4.80
$14.00
Fixed Costs
$490.00
Breakeven units
35.00
Breakeven units - of each stand (Total x Sales mix)
28.00
7.00
Contribution Margin on Breakeven sales
$322.00
$168.00
$490.00
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.