Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 17,920 DVDs and 4,480 equipment sets. Information on the two products is as follows: DVDs Equipment Sets Price $7.80 $24.80 Variable cost per unit 3.80 14.50 Total fixed cost is $92,050. Required:1.What is the sales mix of DVDs and equipment sets? 2.Compute the break-even quantity of each product.
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DVDs
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Equipment
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Sets
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Price | $7.80 | $24.80 |
Variable cost per unit | 3.80 | 14.50 |
Required:1.What is the sales mix of DVDs and equipment sets? 2.Compute the break-even quantity of each product. |
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- Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 13,590 DVDs and 4,530 equipment sets. Information on the two products is as follows: DVDs Equipment Sets Price $7.70 $24.80 Variable cost per unit 4.10 15.00 Total fixed cost is $76,220. Required: 1. What is the sales mix of DVDs and equipment sets? 2. Compute the break-even quantity of each product.Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 13,500 DVDs and 4,500 equipment sets. Information on the two products is as follows: DVDs Equipment sets Price $8 $25 Variable cost per unit 4 15 Total fixed cost is $84,920. Refer to the information for Cherry Blossom Products on the previous page. Suppose that in the coming year, the company plans to produce an extra-thick yoga mat for sale to health clubs. The company estimates that 9,000 mats can be sold at a price of $15 and a variable cost per unit of $9. Total fixed cost must be increased by $28,980 (making total fixed cost $113,900). Assume that anticipated sales of the other products, as well as their prices and variable costs, remain the same. Required:1. What is the sales mix of DVDs, equipment sets, and yoga mats?2. Compute the break-even quantity of each product.3. Prepare an…Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 17,880 DVDs and 4,470 equipment sets. Information on the two products is as follows: DVDs Equipment Sets Price $7.90 $25.30 Variable cost per unit 4.00 14.60 Total fixed cost is $89,420. Required: 1. What is the sales mix of DVDs and equipment sets? 2. Compute the break-even quantity of each product. 1. What is the sales mix of DVDs and equipment sets? 2. Compute the break-even quantity of each product. The break-even quantity for DVDs is The break-even quantity for equipment sets is
- Cherry Blossom Products Inc. produces and sells yoga-training products:how-to DVDs and a basic equipment set (blocks, strap, and smallpillows). Last year, Cherry Blossom Products sold 13,500 DVDs and 4,500equipment sets. Information on the two products is as follows: DVD's Equipment Sets PriceVariable cost per unit $84 $2515 Total fixed cost is $84,920. Refer to the information for Cherry Blossom Products on the previouspage. Suppose that in the coming year, the company plans to produce anextra-thick yoga mat for sale to health clubs. The company estimates that9,000 mats can be sold at a price of $15 and a variable cost per unit of $9.Total fixed cost must be increased by $28,980 (making total fixed cost$113,900). Assume that anticipated sales of the other products, as well astheir prices and variable costs, remain the same. Required: 1. What is the sales mix of DVDs, equipment sets, and yoga mats?2. Compute the break-even quantity of each product.3. Prepare an income…Vandenberg, Inc., produces and sells two products: a ceiling fan and a table fan. Vandenberg plans to sell 40,000 ceiling fans and 70,000 table fans in the coming year. Product price and cost information includes: Ceiling Fan Table Fan Price $56 $17 Unit variable cost $13 $8 Direct fixed cost $21,200 $43,000 Common fixed selling and administrative expenses total $98,000. Required: Question Content Area 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 = ___________ : ______________ 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. Break-even ceiling fans _______ Break-even table fans ______ 3. Prepare a contribution-margin-based income…Warm Hands, a small company based in Prince Edward Island, manufactures and sells two types of lightweight gloves for runners- Warm and Cozy. Current revenue, cost, and unit sales data for the two products appear below: Selling price per pair Variable expenses per pair Number of pairs sold monthly Warm $6.00 $ 1.50 Fixed expenses are $2,880 per month. Required: 1. Assuming the sales mix above, do the following: $ 3,000 units a. Prepare a contribution format income statement showing both dollars and percentage columns for each product and for the company as a whole. (Round percentage answers to 2 decimal places.) WARM HANDS Contribution Income Statement Warm 0 Cozy $9.00 $4.50 1,000 units % 0.00 $ Cozy 0 % 0.00 $ Total 0 0 % 0.00
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