Answered: What is the package contribution…

What is the package contribution margin? HINT: this is a dollar value so please round to the nearest penny. A/ What is the break-even in units for both Product A and Product B together? A/

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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Question

help no copy paste

What is the package contribution margin?
HINT: this is a dollar value so please round to the nearest penny.
A
What is the break-even in units for both Product A and Product B together?
A/

Anna Inc. sells two products as follows:
Product A Product B
Units sold
3,800
4,750
Selling price per unit
$300
$450
Variable costs per unit $120
$270
The company has the following fixed costs: Product A, $613,000, Product B,
$1,023,000, and common fixed costs of $410,000.
Using the above information answer the following questions.

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