Finley Corporation has monthly fixed costs of $63,000. It sells two products for which it has provided the following inf
Posted: Sun Jun 05, 2022 6:55 pm
Finley Corporation has monthly fixed costs of $63,000. It sells
two products for which it has provided the following
information.
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? (Hint: Determine the
contribution margin ratio for each product.) (Round
your answer to the nearest dollar amount.)
two products for which it has provided the following
information.
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? (Hint: Determine the
contribution margin ratio for each product.) (Round
your answer to the nearest dollar amount.)