1.
Calculate the number of cans of each kind of nut sold.
1.
Explanation of Solution
Calculate the number of cans of each kind of nut sold as follows:
Assume, x is cans of cashews sold, hence, walnuts is 2x and almonds is 0.5 x.
Substitute the value of x,
2.
Calcualte the sales mix percentage.
2.
Explanation of Solution
Calcualte the sales mix percentage as follows:
Product | Sales unit |
Sales mix percentage |
Almonds | 1,429 | 14.29% |
Cashews | 2,857 | 28.57% |
Walnuts | 5,741 | 57.14% |
Total | 10,027 | 100.00% |
Table (1)
3.
Calcualte the weighted average contribution margin per unit.
3.
Explanation of Solution
Calcualte the weighted average contribution margin per unit as follows:
4.
Calcualte the break-even sales volume.
4.
Explanation of Solution
Calcualte the break-even sales volume G as follows:
5.
Calculate the unit sales of almonds, cashews and walnuts at the break-even point.
5.
Explanation of Solution
Calculate the unit sales of almonds, cashews and walnuts at the break-even point as follows:
6.
Calcualte the break-even sales in dollars for each product.
6.
Explanation of Solution
Calcualte the break-even sales in dollars as follows:
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Chapter 10 Solutions
Principles of Cost Accounting
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- Principles of Cost AccountingAccountingISBN:9781305087408Author:Edward J. Vanderbeck, Maria R. MitchellPublisher:Cengage Learning