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Flounder Inc. sells two product lines. The sales mix of the product lines is: Standard, 60 % ; and Deluxe, 40%. The contribution margin ratio of each line is: Standard, 40%; and Deluxe, 45%. Flounder's fixed costs total $1.417,500. What is the dollar amount of Deluxe sales at the break-even point? Dollar amount of Deluxe sales at the break-even point

Flounder Inc. sells two product lines. The sales mix of the product lines is: Standard, 60 % ; and Deluxe, 40%. The contribution margin ratio of each line is: Standard, 40%; and Deluxe, 45%. Flounder's fixed costs total $1.417,500. What is the dollar amount of Deluxe sales at the break-even point? Dollar amount of Deluxe sales at the break-even point

FINANCIAL ACCOUNTING
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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Flounder Inc. sells two product lines. The sales mix of the product lines is: Standard, 60 % ; and Deluxe, 40%. The contribution margin ratio of each line is: Standard, 40% ; and Deluxe, 45%. Flounder's fixed costs total $1,417,500. What is the dollar amount of Deluxe sales at the break-even point? Dollar amount of Deluxe sales at the break-even point
Transcribed Image Text:Flounder Inc. sells two product lines. The sales mix of the product lines is: Standard, 60 % ; and Deluxe, 40%. The contribution margin ratio of each line is: Standard, 40% ; and Deluxe, 45%. Flounder's fixed costs total $1,417,500. What is the dollar amount of Deluxe sales at the break-even point? Dollar amount of Deluxe sales at the break-even point
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