Business Solutions sells upscale modular desk units (60% of sales) and offic chairs (40% of...

60.1K

Verified Solution

Question

Accounting

Business Solutions sells upscale modular desk units (60% of sales) and offic chairs (40% of sales). Selling prices are $1,230 per desk unit and $620 per chair. Variable costs are $740 per desk unit and $310 per chair. Fixed costs are $175,560.
Required:
Compute the weighted-average contribution margin.
Compute the break-even point in units.
Compute the number of units of each product that would be sold at the break-even point.
Complete this question by entering your answers in the tabs below.
Required 2
Compute the weighted-average contribution margin. (Round your final answer to the nearest whole number.)
Weighted-average contribution margin
5 of 10
image

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students