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Bobby Company has fixed costs of $160,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Contribution Margin Product Selling Price per Unit Variable Cost per Unit per Unit $180 $100 $80 Y 100 60 40 The sales mix for product X and Y is 60% and 40%, respectively. Determine (a) the selling price for the overall product e (b) the variable cost per unit for the overall product e (c) the contribution margin for the overall product e (d) the break-even units for the overall product e (e) how many of product X would be sold at the break-even point () how may of product Y would be sold at the break-even point

Bobby Company has fixed costs of $160,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Contribution Margin Product Selling Price per Unit Variable Cost per Unit per Unit $180 $100 $80 Y 100 60 40 The sales mix for product X and Y is 60% and 40%, respectively. Determine (a) the selling price for the overall product e (b) the variable cost per unit for the overall product e (c) the contribution margin for the overall product e (d) the break-even units for the overall product e (e) how many of product X would be sold at the break-even point () how may of product Y would be sold at the break-even point

Essentials of Business Analytics (MindTap Course List)
Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter13: Nonlinear Optimization Models
Section: Chapter Questions
Problem 4P: The profit function for two products is: Profit3x12+42x13x22+48x2+700, where x1 represents units of...
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Bobby Company has fixed costs of $160,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Contribution Margin Product Selling Price per Unit Variable Cost per Unit per Unit $180 $100 $80 Y 100 60 40 The sales mix for product X and Y is 60% and 40%, respectively. Deterrmine (a) the selling price for the overall product e (b) the variable cost per unit for the overall product e (c) the contribution margin for the overall product e (d) the break-even units for the overall product e (e) how many of product X would be sold at the break-even point (f) how may of product Y would be sold at the break-even point A- I !! of (a) the selling price for the overall product e I. (b) the variable cost per unit for the overall product e (c) the contribution margin for the overall product e (d) the break-even units for the overall producte (e) how many of product X would be sold at the break-even point 1500 (f) how may of product Y would bé sold at the break-even point on 18 Cordell, Inc. has an operating leverage of 3. Sales are expected to increase by 9% next year. What is the expected change in operating income next vear? ret op
Transcribed Image Text:Bobby Company has fixed costs of $160,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Contribution Margin Product Selling Price per Unit Variable Cost per Unit per Unit $180 $100 $80 Y 100 60 40 The sales mix for product X and Y is 60% and 40%, respectively. Deterrmine (a) the selling price for the overall product e (b) the variable cost per unit for the overall product e (c) the contribution margin for the overall product e (d) the break-even units for the overall product e (e) how many of product X would be sold at the break-even point (f) how may of product Y would be sold at the break-even point A- I !! of (a) the selling price for the overall product e I. (b) the variable cost per unit for the overall product e (c) the contribution margin for the overall product e (d) the break-even units for the overall producte (e) how many of product X would be sold at the break-even point 1500 (f) how may of product Y would bé sold at the break-even point on 18 Cordell, Inc. has an operating leverage of 3. Sales are expected to increase by 9% next year. What is the expected change in operating income next vear? ret op
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