Gary manages an electronics store where customers can purchase phones, tablets, or accessories for their technology needs. He is trying to plan for future profitability and came upon a break even number (120 units in monthly sales) that his predecessor, Annie, had calculated. Unfortunately, Gary found no other supporting calculations or details to determine how many of those units were phones, tablets, and accessories Realizing that he needs as much cost, volume, and revenue information as possible, Gary dug up the following information for the store Selling price Variable cost/unit Other monthly faxed store costs Salaries Rent Depreciation Phones $810 405 $14,708 4,100 2,700 Tablets Accessories $470 282 $90 18
Gary manages an electronics store where customers can purchase phones, tablets, or accessories for their technology needs. He is trying to plan for future profitability and came upon a break even number (120 units in monthly sales) that his predecessor, Annie, had calculated. Unfortunately, Gary found no other supporting calculations or details to determine how many of those units were phones, tablets, and accessories Realizing that he needs as much cost, volume, and revenue information as possible, Gary dug up the following information for the store Selling price Variable cost/unit Other monthly faxed store costs Salaries Rent Depreciation Phones $810 405 $14,708 4,100 2,700 Tablets Accessories $470 282 $90 18
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Gary manages an electronics store where customers can purchase phones, tablets, or accessories for their technology needs. He is
trying to plan for future profitability and came upon a break-even number (120 units in monthly sales) that his predecessor, Annie, had
calculated. Unfortunately, Gary found no other supporting calculations or details to determine how many of those units were phones,
tablets, and accessories
Realizing that he needs as much cost, volume, and revenue information as possible, Gary dug up the following information for the
store.
Selling price
Variable cost/unit
Other monthly fixed store costs
Salaries
Rent
Depreciation
Maintenance
Insurance
Utilities
Phones
$810
405
$14,708
4,100
2,700
1.200
800
600
Tablets
$470
282
Accessories
$90
18.
He also determined that 25% of sales volume generally is from tablets. Additionally, customers usually purchase 1.5 times as many
accessories as they do phones.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F341730a3-5e00-4345-bbba-fd7509aae855%2F14cca7d7-5732-40c2-992f-6b299bbfeac5%2F3rtwmom_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Gary manages an electronics store where customers can purchase phones, tablets, or accessories for their technology needs. He is
trying to plan for future profitability and came upon a break-even number (120 units in monthly sales) that his predecessor, Annie, had
calculated. Unfortunately, Gary found no other supporting calculations or details to determine how many of those units were phones,
tablets, and accessories
Realizing that he needs as much cost, volume, and revenue information as possible, Gary dug up the following information for the
store.
Selling price
Variable cost/unit
Other monthly fixed store costs
Salaries
Rent
Depreciation
Maintenance
Insurance
Utilities
Phones
$810
405
$14,708
4,100
2,700
1.200
800
600
Tablets
$470
282
Accessories
$90
18.
He also determined that 25% of sales volume generally is from tablets. Additionally, customers usually purchase 1.5 times as many
accessories as they do phones.
![(a)
(b)
Based on the above information, what is the sales mix for the three products?
Phones
Tablets
Accessories
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Transcribed Image Text:(a)
(b)
Based on the above information, what is the sales mix for the three products?
Phones
Tablets
Accessories
eTextbook and Media
Save for Later
Attempts: 0 of 3 used
Submit Answer
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