Stacy Inc. makes and sells phones. Theprice of the standard model is $280 andits variable expenses are $150. The priceof the deluxe model is $460 and itsvariable expenses are $250. The totalfixed expenses are $405,000. Generally,Stacy sells 6 standard models and 4deluxe models. What is the number ofstandard models sold by Stacy to earn$202,500 ?1,5003,7502,5002,250

Sales mix means the volume or combination of different products or services that a business sells to…

Answered: Stacy Inc. makes and sells phones. The…

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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Suppose your company sells a 3 pack of lenses that attach to smart phones to improve the quality of pictures people take. You pay $29.95 for each 3 pack and sell them for $59.95. What is your Cost of Goods Sold Percentage for this item?
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McDonald Inc. sells two products: a regular and a deluxe version. The owner, lain, would like to better understand the impact of the sales mix on the company's sales. The following information is available: Sales price per unit Variable cost per unit Regular $45 $27 Deluxe $80 $32 The company has total fixed costs of $540,000 for the year and they sell 3 Regular products for every 2 Deluxe products. lain would like to know, given the sales mix, how many units of each product the company must sell per year to break even. The company must sell www units of the Regular product. Enter the number of units given the current sales mix. units of the Deluxe product. The company must sell Enter the number of units given the current sales mix.
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