Ch 7 Q7 A firm is selling two products-chairs and bar stools-each at $50 per unit. Chairs have a variable cost of $25, and bar stools $20. Thefixed cost for the firm is $20,000.a. If the sales mix is 1:1 (one chair sold for every bar stool sold), what is the break-even point in dollars of sales? In units of chairs andbar stools? (Round your unit answers to a whole number before calculating the breakeven point and round the break-even point tothe nearest whole number.)Break-even pointNumber of chairsNumber of bar stoolsb. If the sales mix changes to 1:4 (one chair sold for every four bar stools sold), what is the break-even point in dollars of sales? In unitsof chairs and bar stools? (Round your unit answers to whole number before calculating the breakeven point and round the break-even point to the nearest whole number.)Break-even pointNumber of chairsNumber of bar stools

a. If the sales mix is 1:1 (one chair sold for every bar stool sold), what is the break-even point in dollars of sales? In units of chairs and bar stools? (Round your unit answers to a whole number before calculating the breakeven point and round the break-even point te the nearest whole number.) Break-even point Number of chairs Number of bar stools b. If the sales mix changes to 1:4 (one chair sold for every four bar stools sold), what is the break-even point in dollars of sales? In units of chairs and bar stools? (Round your unit answers to a whole number before calculating the breakeven point and round the break- even point to the nearest whole number.)

a. If the sales mix is 1:1 (one chair sold for every bar stool sold), what is the break-even point in dollars of sales? In units of chairs and bar stools? (Round your unit answers to a whole number before calculating the breakeven point and round the break-even point te the nearest whole number.) Break-even point Number of chairs Number of bar stools b. If the sales mix changes to 1:4 (one chair sold for every four bar stools sold), what is the break-even point in dollars of sales? In units of chairs and bar stools? (Round your unit answers to a whole number before calculating the breakeven point and round the break- even point to the nearest whole number.)

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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