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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Malibu Corporation has monthly fixed costs of $58,000. It sells two products for which it has provided the following information: Sales Price Contribution Margin Product 1 $ 10 $ 6 Product 2 $ 10 $ 3 a. What total monthly sales revenue is required to break even if the relative sales mix is 40 percent for Product 1 and 60 percent for Product 2? (Round your answer to the nearest dollar amount. Omit the "$" sign in your response) Sales revenue $ b. What total monthly sales revenue is required to earn a monthly operating income of $12,000 if the relative sales mix is 25 percent for Product 1 and 75 percent for Product 2? (Round your answer to the nearest dollar amount. Omit the "$" sign in your response) Sales revenue $ check my workreferences
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