QUESTION 15 Minions Ltd produces the following products: Bananas Soda Pop Twinkies Sales volume per unit 500 250 300 Selling price per unit $0.80 $1.25 $1.50 Variable cost per unit $0.25 $0.75 $1.10 The business has total fixed costs of $25,000 and uses a 30% tax rate. Using volume to measure the sales mix of the business. What would be the percentage of sales in relation to Twinkies? 52.38% Cannot be determined 71.42% 28.57% K

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 18MC: Beaucheau Farms sells three products (E, F, and G) with a sale mix ratio of 3:1:2. Unit sales price...
icon
Related questions
Question
None
QUESTION 15
Minions Ltd produces the following products:
Bananas
Soda Pop
Twinkies
Sales volume per unit
500
250
300
Selling price per unit
$0.80
$1.25
$1.50
Variable cost per unit
$0.25
$0.75
$1.10
The business has total fixed costs of $25,000 and uses a 30% tax rate.
Using volume to measure the sales mix of the business. What would be the percentage of sales in relation to Twinkies?
52.38%
Cannot be determined
71.42%
28.57%
K
Transcribed Image Text:QUESTION 15 Minions Ltd produces the following products: Bananas Soda Pop Twinkies Sales volume per unit 500 250 300 Selling price per unit $0.80 $1.25 $1.50 Variable cost per unit $0.25 $0.75 $1.10 The business has total fixed costs of $25,000 and uses a 30% tax rate. Using volume to measure the sales mix of the business. What would be the percentage of sales in relation to Twinkies? 52.38% Cannot be determined 71.42% 28.57% K
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning