afari Co. sells two products: Orks and Zins. Last year, Safari sold 21,000 units of Orks and 14,000 units of Zins. Related data are as follows: Product Unit Selling Price Unit Variable Cost Unit Contribution Margin Orks $120 $80 $40 Zins 80 60 20 Note: "E" represents composite unit. Determine the following: a. Safari Co.'s sales mix Orks: fill in the blank 1 % Zins: fill in the blank 2 % b. Safari Co.'s unit selling price of E $fill in the blank 3 c. Safari Co.'s unit contribution margin of E $fill in the blank 4 d. Safari Co.'s break-even sales in units of E assuming that last year's fixed costs were $160,000
afari Co. sells two products: Orks and Zins. Last year, Safari sold 21,000 units of Orks and 14,000 units of Zins. Related data are as follows: Product Unit Selling Price Unit Variable Cost Unit Contribution Margin Orks $120 $80 $40 Zins 80 60 20 Note: "E" represents composite unit. Determine the following: a. Safari Co.'s sales mix Orks: fill in the blank 1 % Zins: fill in the blank 2 % b. Safari Co.'s unit selling price of E $fill in the blank 3 c. Safari Co.'s unit contribution margin of E $fill in the blank 4 d. Safari Co.'s break-even sales in units of E assuming that last year's fixed costs were $160,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Safari Co. sells two products: Orks and Zins. Last year, Safari sold 21,000 units of Orks and 14,000 units of Zins. Related data are as follows:
| Product | Unit Selling Price |
Unit Variable Cost |
Unit Contribution Margin |
| Orks | $120 | $80 | $40 |
| Zins | 80 | 60 | 20 |
Note: "E" represents composite unit.
Determine the following:
a. Safari Co.'s sales mix
| Orks: | fill in the blank 1 % |
| Zins: | fill in the blank 2 % |
| b. Safari Co.'s unit selling price of E | $fill in the blank 3 | |
| c. Safari Co.'s unit contribution margin of E | $fill in the blank 4 | |
| d. Safari Co.'s break-even sales in units of E assuming that last year's fixed costs were $160,000 | fill in the blank 5 | units of E |
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