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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Sheltie Company sells both lamps and clocks at the following per unit data:
|
Unit Data |
Lamps |
Clocks |
|
Selling price |
$75 |
$45 |
|
Variable costs |
48 |
30 |
|
Contribution margin |
$27 |
$15 |
|
Sales mix |
3 |
1 |
Assuming $149,952 fixed costs, what is the total revenues in lamps Sheltie Company needs to break even?
a. $289,800
b. $333,720
c. $351,450
d. $377,600
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