Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. a firm is selling two products chairs and bar stoo

A firm is selling two products chairs and bar stools each at 75 per unit...

60.1K

Verified Solution

Question

Statistics

image

A firm is selling two products chairs and bar stools each at 75 per unit Chairs have a variable cost of 30 and bar stools 20 Fixed cost for the firm is 20 000 a If the sales mix is 1 1 one chair sold for every bar stool sold what is the break even point in dollars of sales In units of chairs and bar stools Round your unit answers to a whole number before calculating the breakeven point and round the break even point to the nearest whole number Answer is complete and correct Break even point Number of chairs Number of bar stools 30 000 200 200 b If the sales mix changes to 1 4 one chair sold for every four bar stools sold what is the break even point in dollars of sales In units of chairs and bar stools Round your unit answers to a whole number before calculating the breakeven point and round the break even point to the nearest whole number Break even point Number of chairs Number of bar stools Answer is complete but not entirely correct 32 920 x 76 380 x

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

John invests 6000 into a savings account with a fixed annual interest rate of 5...

Basic Math
Q

. Typically when astronomers use the term flux, they are referring to an energy flux, or the...

Physics
Q

3-24 Today’s Electronics specializes in manufacturing modern electronic components. It also builds the equipment that produces the...

Advance Math
Q

Three particles have to be accommodated in four available states Calculate the number of ways...

Physics
Q

Reuben rented a truck for one day. There was a base fee of $20.95, and...

Basic Math
Q

While commuting a driver sets her smartphone to randomly play songs from a pre selected...

Statistics
Q

Use the leading coefficient test to determine the end behavior of the graph of the...

Algebra
Q

Find the graph of the following ellipse Identify the domain range center vertices endpoints of...

Algebra
Q

Imperial Jewelers manufactures and sells a gold bracelet for $407.00. The company's accounting...

Accounting
Q

a truck costing $56000 has accumilated depriciation of $50000. the truck is sold for $8500...

Accounting
Q

Why are the costs of plant/long term assets recovered through depreciation vs. expensed out during...

Accounting
Q

Explain the power of compounding interest and why its important to save now.

Finance