need help with both otherwise I will thumbs down 12) V-Lux sells three bike...
70.2K
Verified Solution
Link Copied!
Question
Accounting
need help with both otherwise I will thumbs down
12) V-Lux sells three bike models - the S-type, X-type, and Z-type. The S-type is the company's best-selling product. For every seven units of S-type sales, the company sells two units of X-type, and one unit of Z-type (7-2-1 ratio). The company has monthly fixed costs of $47,940. Selling prices and variable costs are as follows: Price Variable Cost S-type: $ 800 $ 480 X-type: $2,600 $1,430 Z-type: $6,200 $2,790 How many unit sales of the S-type. X-type, and Z-type are required to breakeven? a) 42 S-types; 12 X-types, and 6 Z-types. b) 40 S-types; 5 X-types; and 9 Z-types. c) 35 S-types; 10 X-types; and 5 Z-types. d) 28 S-types; 8 X-types, and 4 Z-types. 13) Big Red is interested in opening a BBQ restaurant in Tulsa. Monthly fixed costs are expected to be $8,000. Variable costs are expected to be 57% of the $14 average meal price. A market analysis indicates that approximately 1,800 customers will frequent the restaurant in the targeted locale each month. If Big Red wants to generate before-tax profits of at least $2,500 per month, should they open the restaurant? a) YES b) NO
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
