Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 17,920 DVDs and 4,480 equipment sets. Information on the two products is as follows: DVDs Equipment Sets Price $7.80 $24.80 Variable cost per unit 3.80 14.50 Total fixed cost is $92,050. Required:1.What is the sales mix of DVDs and equipment sets? 2.Compute the break-even quantity of each product.

Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 17,920 DVDs and 4,480 equipment sets. Information on the two products is as follows: DVDs Equipment Sets Price $7.80 $24.80 Variable cost per unit 3.80 14.50 Total fixed cost is $92,050. Required:1.What is the sales mix of DVDs and equipment sets? 2.Compute the break-even quantity of each product.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

	DVDs	Equipment
Price	$7.80	$24.80
Variable cost per unit	3.80	14.50

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