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Compute the number of each model of television

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Reference no: EM132742166

Johnson Corporation manufactures television sets. It has fixed costs of $5,000,000. Johnson's sales mix and contribution margin per unit is shown as follows:

                Sales Mix           Contribution Margin

24"            20%                  $ 110
40"           50%                    $ 300
60"            30%                  $ 425

Instructions

Problem 1: Compute the number of each model of television that the company would need to sell in order to break even under this product mix.

Reference no: EM132742166

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