Multiple-Product Break-even Andrews Sporting Goods, Inc., produces and sells children's softball mitts: vinyl mitts and basic leather mitts. Last year, Andrews sold 17,920 vinyl mitts and 4,480 leather mitts. Information on the two products is as follows: Vinyl Mitts Price $7.60 3.70 Leather Mitts $25.20 Variable cost per unit Total fixed cost is $107,940. Required: (Round break-even packages to four significant digits and break-even units to the nearest whole unit.) 1. What is the sales mix of vinyl mitts and leather mitts? 15.10 2. Compute the break-even quantity of each product. The break-even quantity for vinyl mitts is The break-even quantity for leather mitts is
Multiple-Product Break-even Andrews Sporting Goods, Inc., produces and sells children's softball mitts: vinyl mitts and basic leather mitts. Last year, Andrews sold 17,920 vinyl mitts and 4,480 leather mitts. Information on the two products is as follows: Vinyl Mitts Price $7.60 3.70 Leather Mitts $25.20 Variable cost per unit Total fixed cost is $107,940. Required: (Round break-even packages to four significant digits and break-even units to the nearest whole unit.) 1. What is the sales mix of vinyl mitts and leather mitts? 15.10 2. Compute the break-even quantity of each product. The break-even quantity for vinyl mitts is The break-even quantity for leather mitts is
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Multiple-Product Break-even
Andrews Sporting Goods, Inc., produces and sells children's softball mitts: vinyl mitts and basic leather mitts. Last year, Andrews sold 17,920 vinyl mitts and
4,480 leather mitts. Information on the two products is as follows:
Vinyl Mitts
Price
$7.60
3.70
Leather Mitts
$25.20
15.10
Variable cost per unit
Total fixed cost is $107,940.
Required: (Round break-even packages to four significant digits and break-even units to the nearest whole unit.)
1. What is the sales mix of vinyl mitts and leather mitts?
2. Compute the break-even quantity of each product.
The break-even quantity for vinyl mitts is
The break-even quantity for leather mitts is
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