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08. A company sells two products--J and K. The sales mix is expected to be $3.00 of sales of Product K for every $1.00 o
Posted: Tue Jul 05, 2022 11:47 am
by answerhappygod
- 08 A Company Sells Two Products J And K The Sales Mix Is Expected To Be 3 00 Of Sales Of Product K For Every 1 00 O 1 (26.1 KiB) Viewed 32 times
08. A
company sells two products--J and K. The sales mix is expected to be $3.00 of sales of Product K for every $1.00 of sales of Product J. Product J has a contribution margin ratio of 40% whereas Product K has a contribution margin ratio of 50%. Annual fixed expenses are expected to be $120,000. The overall break-even point for the
company in dollar sales is expected to be closest to: A) $196,000 B) $200,000 C) $253,000 D) $255,000 Answer: C Level: Hard LO:9 Source: CIMA, adapted