Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the sales mix of palm company is 5 units of a, 3 u

The sales mix of Palm Company is 5 units of A, 3 units of B,...

60.1K

Verified Solution

Question

Accounting

The sales mix of Palm Company is 5 units of A, 3 units of B, and 1 unit of C. Per unit sales prices for each product are $30, $40, and $50, respectively. Variable costs per unit are $14, $24, and $34, respectively. Fixed costs are $597,600. Required:

(a) Calculate the contribution margin per composite unit. (4 marks)

(b) Calculate the break-even point in units of each individual product.(3 marks)

(c) If pretax income before taxes of $295,200 is desired, how many units of A, B and C must be sold? (3 marks)

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

Physics
1.2K views

probability density plots of ls and 2s orbitals are given in figure O 1s O...

Finance
1.2K views

A 30-year maturity bond makes annual coupon payments and has a coupon rate of 8%. What...

Statistics
1.2K views

Using the unit normal table, find the proportion under the standard normal curve that lies between...

Chemistry
1.2K views

Given a DNA molecule with 10,000bp, in theory how many times the “GTCCGGAC” sequence is expected?...

Biology
1.2K views

what is a gene chip? ehat are ethical considerations of having our genetic information \"out there\"...

Biology
1.2K views

Explain one vaccine, include in your explanation: Name of the vaccine. Type of the vaccine. When should the...

Chemistry
1.2K views

reagent Molecular Weight Gram mmol equivalents d mL hydroquinone 110 1.0 xxxx xxx acetic anhydride 102 1 3.1 1.08 phosphoric acid 98 1.85 0.05 THEORETICAL PRODUCT XXXXXXXXXXX XXXX XXX XXXXXXXX xxxxx XX 4-(acetyloxy) phenylacetate xxxxxxxxxx xxxx xxxx acetic acid xxxxxxxxxx 1.049 Please show step by step solution. Thanks!

Physics
1.2K views

A light rod carries three equal masses P Q and R as shown in figure...

Basic Math
1.2K views

A company makes glass paperweights in the shape of a square pyramid. The base of...

Accounting
1.2K views

QUESTION 3 (20 Marks) Note: Where applicable, use the present value tables provided in APPENDICES...

Accounting
1.2K views

Erie Company manutactures a mobile fitness device called the Jogging Mate. Ihe company uses standards...

Accounting
1.2K views

The beginning inventory for Dunne Co. and data on purchases and sales for a three-month...