5. The Goldielocks company produces 3 products - Hot Product, Cold Product, Just Right Product. The variable expenses and sales price of all the products are given below: Hot Prod. Cold Prod. Just Right Prod. $50 Sale price per unit Variable exp per unit $ 200 $ 100 $ 100 $ 75 $25 The total fixed expenses of the company are $50,000 per month. For the coming month, Goldielocks expects the sale of the 3 products to be in the following ratio: Hot Product - 20% Cold Product - 30% Just Right Product - 50% Compute the following: Weighted-average contribution margin? a. How many total products must Goldielocks sell to break-even? How many of each product must Goldielocks sell to break-even? d. How much revenue will Goldielocks earn with this sales mix?

5. The Goldielocks company produces 3 products - Hot Product, Cold Product, Just Right Product. The variable expenses and sales price of all the products are given below: Hot Prod. Cold Prod. Just Right Prod. $50 Sale price per unit Variable exp per unit $ 200 $ 100 $ 100 $ 75 $25 The total fixed expenses of the company are $50,000 per month. For the coming month, Goldielocks expects the sale of the 3 products to be in the following ratio: Hot Product - 20% Cold Product - 30% Just Right Product - 50% Compute the following: Weighted-average contribution margin? a. How many total products must Goldielocks sell to break-even? How many of each product must Goldielocks sell to break-even? d. How much revenue will Goldielocks earn with this sales mix?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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