XYZ is the maker of high quality golf bags. The company currently has three different lines of bags, which it sells to sporting goods stores and golf shops throughout the world. | ||||||
XYZ sells a constant mix of 1 medium-sized bags for 2 small bag and 4 medium bags for 3 large-sized bag. | ||||||
Total fixed costs for the year are expected to be | 2027562 | |||||
Note: round all decimals to three places in the computation | ||||||
Small | Medium | Large | ||||
Selling price per bag | 100 | 150 | 250 | |||
Variable cost per bag | 60 | 96 | 160 | |||
The weighted average contribution margin ratio for the large bag is: | ||||||
Note: round final answer to three decimal places | ||||||
The breakeven point in units for the medium-sized bags would be: | ||||||
Note: round final answer up to nearest whole unit |
Get Answers For Free
Most questions answered within 1 hours.