This topic contains a solution. Click here to go to the answer

Author Question: Back Yard Leisure sells two types of hammocks: Sundance and Shady Lady. The following table shows ... (Read 41 times)

903f23fj0

  • Full Member
  • ***
  • Posts: 151
Back Yard Leisure sells two types of hammocks: Sundance and Shady Lady. The following table shows the sales price and variable cost for each hammock. Back Yard Leisure incurs $600,000 a year in fixed costs. Assume the store has a sales mix of four Sundance for each Shady Lady hammock sold.

TypeSales PriceVariable CostContribution Margin
Sundance$125$50$  75
Shady Lady  175  75  100

Required:

a.How many hammocks of each type must be sold for Back Yard Leisure to break
even?
b.What amount of revenue would be generated by each type of hammock for the
company to earn $75,200 in operating income?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by 903f23fj0 on Feb 5, 2023

Tussalpain

  • Full Member
  • ***
  • Posts: 189
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly




903f23fj0

  • Member
  • Posts: 151
Reply 2 on: Feb 5, 2023
Excellent


smrtceo

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

For a complete list of videos, visit our video library