Fat Cat Furniture store sells two types of products; cat beds and scratching posts. Over the past year Fat at sold 6,000 cat beds and 4,000 scratching posts, the sales mix of 6,000 beds to 4,000 posts creates a percentage of 60% for the cat beds and 40% for the scratching posts. Fat Cat’s total fixed costs are $40,000. The cat bed’s unit selling price is $44.00 and variable costs per bed are $24.00. The scratching post’s unit selling price is $100.00 and variable cost per post is $30.00.

1. Calculate the weighted average contribution margin per unit. ($40)

2. Calculate Fat Cat’s breakeven point in units for the “package” of products.

3. Calculate how many units of each product line the company must sell in order to breakeven.

4. Calculate the sales dollars required of each product line to breakeven Do not use the weighted average contribution margin ratio formula due to rounding issues. May still use the weighted average contribution margin per unit formula.

5. Prove the breakeven point by preparing a contribution margin income statement Make sure to provide three columns: one for Cat Beds, one for Scratching Posts, and one for Total.

6. The owner of Fat Cat Furniture wants to earn a $60,000 profit. Calculate the sales volume in units and total sales dollars of each product line the company must sell in order to earn $60,000 in profit. Do not use the weighted average contribution margin ratio formula due to rounding issues. May still use the weighted average contribution margin per unit formula.

I need help especially on the 2nd question.

Answers

Answer 1

Answer: See explanation

Explanation:

1. Calculate the weighted average contribution margin per unit.

The weighted average contribution margin per unit will be:

= Contribution margin per unit × Sales mix ratio.

= ($20 × 60%) + ($70 × 40%)

= ($20 × 0.6) + ($70 × 0.4)

= $12 + $28

= $40

2. Calculate Fat Cat’s breakeven point in units for the “package” of products.

This will be:

= Fixed cost / Weighted average

= $40000 / $40

= 1000 units

3. Calculate how many units of each product line the company must sell in order to breakeven.

Breakeven for cat beds = 1000 × 60% = 1000 × 0.6 = 600 units

Breakeven for scratching post = 1000 × 40% = 1000 × 0.4 = 400 units


Related Questions

(a) Explain the nature of a partnership as a form of business ownership.
and give examples of typical​

Answers

The answer is a and b

Please help!! My 9th time posting this please actually help me!

Dissatisfied customers may occasionally post harsh criticism of a product or service on a company's social media site. Social media experts say that not every comment on the Web merits a response. Concisely describe the circumstances that merit a professional response to an online post. Then describe the guidelines you should follow when composing to customers online.

Answers

As a dissatisfied customer it is your moral responsibility to inform other consumers about your experiences as to prevent any more dissatisfaction in the future. This would prompt the business to fix the problem that that customer is having

Wha Companies use relationship marketing to build and maintain relationships with their _______________. *
customers
employees
supplies
vendors t is a business

Answers

Answer:

customers.

Explanation:

Marketing mix can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets (customers) so as to build and maintain a desired response.

Generally, a marketing mix is made up of the four (4) Ps;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

One of the importance associated with good marketing communication (relationship marketing) is that, it improves the image of a business firm. A business firm with a good company reputation or prestige for the sales and production of quality products with an excellent customer relationship can easily introduce new products into the market at a high price without limitations.

Hence, companies use relationship marketing to build and maintain relationships with their customers.

What is the purpose of the Subtotal feature?

Answers

Answer:

it automatically ignores rows that are hidden in a filtered list or table you can use this feature when you want to count ,sum and average etc values that are visible

Answer:

The answer is a

Explanation:

Do you agree with the idea of NBA teams requiring fans to place deposits for season tickets for the following year? What about the NBA charging higher single-game prices to nonseason ticket holders? Explain your answers.

Answers

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

Not really. I do not totally agree with the idea of NBA teams requiring fans to place deposits for season tickets for the following year. The reason is that I think the NBA teams, with the support of the League, are only thinking about their economic interests after the Pandemic.

Something similar happens with the idea of the NBA charging higher single-game prices to nonseason ticket holders. I think that is not fair.

Fans are fans for the love of the game and the passion professed to their teams. They are loyal. They are always supporting the teams. No matter hell or high water. Fans' loyalty is out of the question.

It was not the fault of the fans the way the 2020 season was played. Yes, teams lost money and they are desperate to recover it quickly, but not at the expense of the people's hard-earned money.

Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.

Answers

Answer:

I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.

Explanation:

Hope this helps!

A society that values economic equity seeks to ©
A. provide its poorer members with food, shelter, and health care to live
decently.
B. ensure that the good and services we rely on are always there.
C. provide a job to everyone who seeks one.
D. give everyone a fair share of the economic pie.

Answers

Answer:

D. give everyone a fair share of the economic pie.

Explanation:

The correct option is - D. give everyone a fair share of the economic pie.

Reason -

Economic equity is about a level playing field where everyone has a same excess to a same wealth.

Agnes, a waitress at a local restaurant, suffers severe anxiety attacks when things get really busy at her job. As a result, she is a very ineffective waitress when the restaurant gets busy. For that reason , she is fired. Her employer could have assigned Agnes to shifts when the restaurant is not busy, but that would have significantly irritated the other waitresses, caused significant scheduling difficulties and cost some additional money. If Agnes sues the restaurant under the ADA, its best argument is:

Answers

Answer:

that accommodating Agnes would cause the restaurant undue hardship.

Explanation:

From the question we are informed about Agnes, a waitress at a local restaurant, suffers severe anxiety attacks when things get really busy at her job. As a result, she is a very ineffective waitress when the restaurant gets busy. For that reason , she is fired. Her employer could have assigned Agnes to shifts when the restaurant is not busy, but that would have significantly irritated the other waitresses, caused significant scheduling difficulties and cost some additional money. If Agnes sues the restaurant under the ADA, its best argument is that accommodating Agnes would bring undue hardship to the restaurant. The Americans with Disabilities Act which is regarded as (ADA) is a law that protect disabilities in several areas against discrimination. These areas could be employment, public accommodations and others, but with the justification that Agnes would bring undue hardship to the restaurant, the restaurant is good to go.

if u in my comments pressed imma get disrepectfull am i right or wrong ?

Answers

Answer:

Explanation:

wrong

Which component within a corporation elects the board of directors?
(middle school)


A) shareholders


B) all the vice presidents


C) workers


D) the president

Ω Entity001 And Project Ω

Answers

Answer:

A. shareholders

Explanation:

i took the quiz sorry i did not do it sooner

After you have all of the information, decide which financial institution is best for you. Write your answer in the text box below and provide details about why you selected the financial institution.

Answers

Answer:

for learning and knowledge

define the term collateral and include two examples​

Answers

Collateral is an asset or piece of property that a borrower offers to a lender as security for a loan. ... An example of unsecured lending is a business credit card. Borrowers do not offer collateral when using a credit card. Since the loan is unsecured, credit cards typically carry higher interest rates.

As of the 90’s, by up to what percentage do the wages of male and female employees in the marketing industry differ?

A. 18%

B. 36%

C. 54%

D. 72%

Answers

Answer:

54%

I hope this is correct have a good day

Which of the following is an example of a direct tax?

Gasoline tax
Personal property tax
Real estate tax
Sales tax

Answers

Answer:

Personal Property Tax

Explanation:

Indirect taxes are taxes that are collected by the government indirectly meaning that there is a "middle man." Sales taxes and gasoline taxes are indirect because the taxes must be collected first by the stores and gas stations before going to the government.

Direct taxes are taxes paid straight to the government ie, property taxes, income taxes, etc.

An example of a direct tax from the following is the personal property taxes.

Option B is the correct answer.

What is meant by taxes?

Taxes are the obligation of the taxpayers which need to be paid every year in respect of the income earned by them.

The taxes are classified into two types namely, direct taxes and indirect taxes. Direct tax is a form of liability that is paid by the taxpayer to the government whereas indirect tax is the amount that is charged from the customers but actually paid by the supplier to the government.

Therefore, property taxes are one example of direct taxes.

Learn more about taxes in the related link:

https://brainly.com/question/16423331

#SPJ2

What is product positioning?

Answers

Product positioning is the process of deciding and communicating how you want your market to think and feel about your product

easy career class question.

Answers

Answer business


hope this helps

A business is having trouble keeping up with the compention. They cannot respond to their customers like the competition. Which type of system will likely be able to help them solve this issue?
A. Management communication system
B. Transaction processing system
C. Management information system
D. Decision support system​

Answers

Answer:

The Answer is D. Decision Support System

Explanation:

Every one clock this now please!
In your opinion who is better?
Technoblade
Ranboo
Dream
You will get brainlynest if you guess which is my favorite! :)

Answers

Answer:

ranboo he's so unproblematic and he's so funny

Explanation:

Answer:

I personaly like Tommyinnit, but from the list i like Dream.

Explanation: I think you like Ranboo.

Will mark Brainliest
Type the correct answer in the box. Spell all words correctly.
Which activity involved in the distribution function of a business concerns the supply of products from the manufacturer to the retailer?
(________________) is a crucial part of distribution since it is concerned with ensuring that the product(s) reaches the retailer or distributor.

Answers

Answer:

Product distribution! Plz mark brainliest! Have a great day! :)

Explanation:

A bank has written 10,000 call option on one stock and 10,000 put option on another stock. For the first option the stock price is $50, the strike price is $51, the volatility is 28% per annum, and the time to maturity is nine months. For the second option the stock price is $20, the strike price is $19, the volatility is 25% per annum, and the time to maturity is one year. Neither stock pays a dividend, the risk-free rate is 6% per annum, and the correlation between stock price returns is 0.4. Calculate a 10-day 99% VaR for bank’s portfolio of 10,000 calls and 10,000 puts.

Answers

Compare items that are exempt and nonexempt from Chapter 7 fillings.

second car

pension

household appliances

family heirlooms

Which of the following is an example of an entrepreneur being influenced by
the economic principle of supply and demand?
A. Wendy has researched ways to maximize productivity in her new
business.
B. Lindsey notices that the only coffee shop in town is very popular,
so she opens her own coffee shop.
C. Saul has come up with an advertising budget for his new
business's marketing campaign.
D. At his new bike shop, Nick hires polite, friendly individuals to work
the registers.

Answers

Answer:

B. Lindsey notices that the only coffee shop in town is very popular,  so she opens her own coffee shop.

Explanation:

According to the economic principle of supply and demand, the relationship between the two is directly proportional to each other. With the increase in the demand of any product, there arises an increase in the supply of the product and vice versa.  

From the given options, option B. is representing the relationship between supply and demand. The popularity of coffee shop among the people in the town led Lindsey to open her own coffee shop. Increase in demand led to the increase in the supply of the product.

Answer:

Lindsey notices that the only coffee shop in town is very popular,

so she opens her own coffee shop.

Explanation:

Christopher just received his checking account statement from his bank. He has a NOW account with free checking that pays 0.75% APR on the balance and requires a $500 minimum balance. His statement shows that he currently has a balance of $3,950. In looking at his statement he notices that his car payment check for $400 is still outstanding, and that his recently received payroll deposit of $3,600 had not posted at the time the statement was created. His normal living expenses average $1,500 per month including his car payment. Other than his car loan, he rarely writes any checks as he prefers to use his debit card and ATM card for day-to-day living expenses. He pays his credit card balance in full every month. Other than his checking account he does not own any investments. He has always dreamed of owning a house, and would like to buy one within the next five years. He has access to a 401(k) pension plan at work where his employer will match contributions up to 6% of his salary. He currently contributes 2% of his salary to this plan.Christopher would like to have $20,000 for a house down payment seven years from now. How much money would he need to save every quarter in an investment that pays 9% APR compounded quarterly?

Answers

Answer:

Christopher

He will need to contribute $661.51 every quarter for seven years.

Explanation:

a) Data and Calculations:

To save up to $20,000 for a house down payment seven years from now, Christopher needs to save every quarter:

Results

PMT = $661.51

N (# of periods) = 28

I/Y (Interest per year) = 2.25

PV (Present Value)  = 0

FV (Future Value) = $20,000

P/Y (# of periods per year) = 4

C/Y (# of times interest compound per year) = 4

PMT made at the of each quarter

 

Sum of all periodic savings = $18,522.41

Total Interest = $1,477.59

easy career question

Answers

Answer:

High school. Well at least my high school does.

Explanation:

Answer:

A.

Explanation:

yes

10 pts
Question 2
Shannon's best friend has been excluding her lately. They were supposed to go shopping
together, but her friend called and canceled. Shannon is upset about it. This is an
example of which type of problem?

Answers

The problem is Social Exclusion

Providing adjustable height desks to employees who need a wheelchair is an example of

A. a tangible incentive

B. a disability incentive

C. a flexible work environment

D. a reasonable accommodation

Answers

Answer: a reasonable accommodation

Explanation:

Providing adjustable height desks to the employees who need a wheelchair is simply referred to as an example of a reasonable accommodation.

A reasonable accommodation simply refers to the changes to a position or the assistance that is given to a disabled employee sonthatbthe oeroan can perform his or her job better. It is required that employers should provide their workers with reasonable accommodations.

Therefore, based on the explanation, the correct answer is D.

Write a biography about a famous person of Nepal...​

Answers

Explanation:

Parijat (Nepali: पारिजात) was a Nepalese writer. Her real name was Bishnu Kumari Waiba (Waiba is a subgroup of Tamang) but she wrote under the pen name Parijat (Parijat is a night-flowering fragrant jasmine flower). Her most acclaimed publication is Shiris Ko Phool (The Blue Mimosa), which has also been adapted in the literature curriculum of some colleges in some English-speaking countries like United States, England etc. Some of the notable universities where Parijat's Shirish Ko Phool was adopted as curriculum in the University of Maryland, USA.

Answer:

● Gautama Buddha. 0563 BC. Founder of Buddhism.

● Tenzing Norgay. 29 May 1914. Mountaineer.

● Anatoli Boukreev. 16 January 1958. Mountaineer.

● Gyanendra Bir Bikram Shah Dev. 07 July 1947. ...

● Chandra Bahadur Dangi. 30 November 1939. ...

● Birendra of Nepal. 28 December 1945. ...

● Sandeep Lamichhane. 02 August 2000. ...

● Amrita Acharia. 31 July 1987.

Explanation:

I HOPE IT'S HELP

What are the two main components of FICA? *

Answers

Answer:

social security and medicare

Vendors submit invoices prior to receiving purchase orders from companies.

True
False

Answers

Answer:

False

Explanation:

Only after the purchase was approved

Blossom Company is considering an investment that will return a lump sum of $850,000 3 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Blossom Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places, e.g. 25.25.)

Answers

Ale jak się okazało w Polsce dniu narty nie skierowane to dniu tym świecie i jest ogóle nie ma problemu z tym że nie ma przecieku co w wszystko jutrzejszym terminie

Can u help me plzzzzzzz​

Answers

Answer:

warm up

an advert in a prime time TV show :a mass market

an advert in a local newspaper :a market in particular location

an advert in a magazine for teenagers : a market of particular age

Explanation:

one region why company will match the branding of a new product to the company's overall brand image is;market

by the help of this company can attract customers for their product.company gain a profit as it helps to get market which makes company belief towards the satisfaction.

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