Please do not give solution in image format thanku Use the following information to answerthe next two questions.Konerko Company sells two types ofcomputer chips. The salex mix is 30% (Q-Chip) and 70% (Q-Chip Plus). Q-Chip hasvariable costs per unit of $36 and a sellingprice of $60. Q-Chip Plus has variable costsper unit of $42 and a selling price of $78.Konerko also has fixed costs of $540,000.What is the weighted-average unitcontribution margin for Konerko?$28$30$32$60How many units of Q-Chip would besold at the breakeven point?5,0635,8699,00011,813

Variable costs are costs that varies with the change in the level of output whereas fixed costs are…

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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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XYZ Company sells a product for $250. The variable cost is $150 per unit. The fixed costs are $300,000. The company wants to have a profit of $400,000. How many units do they have to sell to achieve this goal?
National Company sells two types of computer chips. The sales mix is 30% (X-Chip) and 70% (Y-Chip). Q-Chip has variable costs per unit of P30 and a selling price of P50. Y-Chip has variable costs per unit of P35 and a selling price of P65. National’s fixed costs are P540,000. How many units of X-Chip would be sold at the break-even point?
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1) ABC Company sells two types of computer hard drives. The sales mix is 30% (Q-Drive) and 70% (Q-Drive Plus) based upon quantity of units sold. Q-Drive has a unit variable cost of $120 and a selling price of $160. Q- Drive Plus has a unit variable cost of $85 and a selling price of $225. The weighted-average unit contribution margin for ABC is A. $110. B. $80. C. $160. D. $70. 2) Sales mix is A. the trend of sales over recent periods. B. a measure of leverage used by the company. C. the relative percentage in which a company sells its multiple products. D. the mix of variable and fixed expenses in relation to sales. 3) MMM Corp. has a weighted-average unit contribution margin of $30 for its two products, Standard and Supreme. Expected sales for MMM are 70,000 Standard and 90,000 Supreme. Fixed expenses are $1,800,000. How many Standards would MMM sell at the break-even point? A. 60,000. B. 33,750. C. 70,000. D. 26,250. 4) Swifty Corporation sells two types of computer hard drives. The…

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