Assume Sports Shirtz sells 2 shirts: polos for $60 and t-shirts for $30. Fixed costs are $80,000 and the VCs are $20 and $10 for polos and Tees respectively. The sales ratio is 60% polos and 40% tees. What is the weighted Price?

Assume Sports Shirtz sells 2 shirts: polos for $60 and t-shirts for $30. Fixed costs are $80,000 and the VCs are $20 and $10 for polos and Tees respectively. The sales ratio is 60% polos and 40% tees. What is the weighted Price?

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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