Finley Corporation has monthly fixed costs of $240,000. It sells two products for which it has provided the following in

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answerhappygod
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Finley Corporation has monthly fixed costs of $240,000. It sells two products for which it has provided the following in

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Finley Corporation has monthly fixed costs of $240,000. It sellstwo products for which it has provided the followinginformation.
a. What total monthly sales revenue isrequired to break even if the relative sales mix is 20 percent forProduct 1 and 80 percent for Product 2? (Hint: Determine thecontribution margin ratio for each product.)
b. What total monthly sales revenue isrequired to earn a monthly operating income of $105,000 if therelative sales mix is 60 percent for Product 1 and 40 percent forProduct 2?
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