What total monthly sales revenue is required to earn a

Reference no: EM13586281

Malibu Corporation has monthly fixed costs of $64,000. It sells two products for which it has provided the following information:

Sales Price Contribution Margin
Product 1 $ 15 $ 9
Product 2 $ 20 $ 4

a. What total monthly sales revenue is required to break even if the relative sales mix is 30 percent for Product 1 and 70 percent for Product 2? (Round your answer to the nearest dollar amount. Omit the "$" sign in your response)

Sales revenue $

b. What total monthly sales revenue is required to earn a monthly operating income of $16,000 if the relative sales mix is 20 percent for Product 1 and 80 percent for Product 2? (Round your answer to the nearest dollar amount. Omit the "$" sign in your response)

Sales revenue $

Reference no: EM13586281

Questions Cloud

Explain the accounting equation and prepare a table : explain the accounting equation and prepare a table showing the equation and show a list of accounts belonging to each

Image text transcribed for accessibility which of the : which of the following presents a summary of changes in a firms balance sheet from the beginning of an accounting

Compute working capital and the current ratio for both : the current items listed in alphabetical order are taken from the consolidated balance sheets of coca-cola as of

Explain with appropriate illustriation the concept of : explain with appropriate illustriation the concept of resonance stabilization of

What total monthly sales revenue is required to earn a : malibu corporation has monthly fixed costs of 64000. it sells two products for which it has provided the following

If an institution concludes that an individual loan : if an institution concludes that an individual loan specifically identified for evaluation is not impaired under fas

Rhonda can transfer property that selecthashas notcorrect 1 : rhonda owns 50 of the stock of peach corporation. she and the other 50 shareholder rachel have decided that additional

When an institution writes down an individually impaired : when an institution writes down an individually impaired loan to the appraised value of the collateral because that

The fare for a taxicab is 5 per trip plus 050 per mile the : the fare for a taxicab is 5 per trip plus 0.50 per mile. the fare for the trip from the airport to the convention

User Account

All Pages