Answer Happy

Vandenberg, Inc., produces and sells two products: a ceiling fan
and a table fan. Vandenberg plans to sell 20,000 ceiling fans and
50,000 table fans in the coming year. Product price and cost
information includes:
Common fixed selling and administrative expenses total
$74,000.
Required:
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1. What is the sales mix estimated for
next year (calculated to the lowest whole number for each
product)?
Sales mix of ceiling fans to table fans = fill in the blank
9bf3d202800bfeb_1 : fill in the blank
9bf3d202800bfeb_2
2. Using the sales mix from Requirement 1,
form a package of ceiling fans and table fans. How many ceiling
fans and table fans are sold at break-even? Round your intermediate
calculations and final answers to the nearest whole number.
3. Prepare a contribution-margin-based
income statement for Vandenberg, Inc., based on the unit sales
calculated in Requirement 2. If an amount is zero, enter "0". Enter
any negative product margin and losses with a minus sign. Do not
round intermediate calculations. Round your final answers to
nearest dollar.
Common fixed expensesContribution marginDirect fixed
expensesProduct marginSalesSales
Less: Common fixed expensesLess: Direct fixed expensesLess:
Product marginLess: SalesLess: Variable expensesLess: Variable
expenses
Common fixed expensesContribution marginProduct
marginSalesVariable expensesContribution margin
Less: Common fixed expensesLess: Contribution marginLess: Direct
fixed expensesLess: SalesLess: Variable expensesLess: Direct fixed
expenses
Common fixed expensesDirect fixed expensesProduct
marginSalesVariable expensesProduct margin
Less: Common fixed expensesLess: Contribution marginLess: Direct
fixed expensesLess: Product marginLess: Variable expensesLess:
Common fixed expenses
Common fixed expensesContribution marginDirect fixed
expensesOperating incomeOperating lossOperating loss
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4. What
if Vandenberg, Inc., wanted to earn operating
income equal to $14,400? Calculate the number of ceiling fans and
table fans that must be sold to earn this level of operating
income. (Hint: Remember to form a package of ceiling fans and table
fans based on the sales mix and to first calculate the number of
packages to earn an operating income of $14,400.) Round your
intermediate calculations and final answers to nearest number.