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How many packages will company have to sell

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Reference no: EM132662086

Travel On Inc sells luggage

They sell a duffle bag, a carry-on suitcase and a deluxe suitcase The pnce and vanable cost for each type of luggage is listed below

                    Price             Variable Cost

Duffle bag        R100                  R 25

Carry-on         180

Deluxe           300                     120

The total fixed costs for Travel On Inc equals R60,000 For every 8 duffle bags Travel On Inc sells it sells 3 carry-on suitcases and 1 deluxe suitcase

Required:

Problem A) Calculate the package contebution margin

Problem B) Calculate the break-even point in units for duffle bags, carry-on suitcases and deluxe suitcases

Problem C) If Travel On Inc has a target income for the coming year of R300,000, how many packages will company have to sell?

Problem D) Based on your answer in Part C, prepare a contribution margin income statement for the coming year

Problem E) What is the company's margin of safety in packages?

Reference no: EM132662086

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