16. How many units of each product are needed for Gentry to breakeven at the given sales mix? (Do not round relevant intermediate calculations, such as percentages). a. 10,980 units of Product A and 16,470 units of Product B b. 5,976 units of Product A and 8,963 units of Product B c. 8,810 units of Product A and 13,215 units of Product B d. 2,166 units of Product A and 17,697 units of Product B e. 17,834 units of Product A and 12,303 units of Product B f. 11,642 units of Product A and 17,463 units of Product B g. 11,146 units of Product A and 10,546 units of Product B h. None of the above. 17. Given their current operating income, by approximately what percentage will Gentry’s profits increase if sales increase by 1.50%? (Round final answer in percentages to 2 decimal places)
Gentry, Inc. sells only two products, Product A and Product B. The following data relate to expected sales for the coming period:
Product A Product B
Sales units 20,000 30,000
Sales revenue $240,000 $300,000
Variable costs $140,000 $120,000
Fixed costs $89,168 $73,820
16. How many units of each product are needed for Gentry to breakeven at the given sales mix? (Do not round relevant intermediate calculations, such as percentages).
a. 10,980 units of Product A and 16,470 units of Product B
b. 5,976 units of Product A and 8,963 units of Product B
c. 8,810 units of Product A and 13,215 units of Product B
d. 2,166 units of Product A and 17,697 units of Product B
e. 17,834 units of Product A and 12,303 units of Product B
f. 11,642 units of Product A and 17,463 units of Product B
g. 11,146 units of Product A and 10,546 units of Product B
h. None of the above.
17. Given their current operating income, by approximately what percentage will Gentry’s profits increase if sales increase by 1.50%? (Round final answer in percentages to 2 decimal places)
a. 3.33%
b. 13.85%
c. 2.54%
d. 4.74%
e. 3.59%
f. 2.39%
g. 2.58%
h. None of the above
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
