Blossom Repairs has 200 auto-maintenance service outlets nationwide. It performs primarily two lines of service: oil changes and brake repair. Oil change-related services represent 70% of its sales and provide a contribution margin ratio of 20% Brake repair represents 30% of its sales and provides a 40% contribution margin ratio. The company's fixed costs are $12,480,000 (that is $62,400 per service outlet). Sales mix is determined based upon total sales dollars. (a) Calculate the dollar amount of each type of service that the company must provide in order to break even (Use Weighted Average Contribution Margin Ratio rounded to 2 decimal places a 0.25 and round final answers to O decimal places, e 2.510) Sales Dollars Needed Per Product Oil changes Brake repair
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- Flounder Service has over 200 auto-maintenance service outlets nationwide. It provides primarily two lines of service: oil changes and brake repair. Oil change-related services represent 80% of its sales and provide a contribution margin ratio of 15%. Brake repair represents 20 % of its sales and provides a 65% contribution margin ratio. The company's fixed costs are $12,150,000 (or $67,500 per service outlet). (a) Calculate the dollar amount of each type of service that the company must provide in order to break even. Oil changes 2$ Brake repair 2$Qwik Service has over 200 auto-maintenance service outlets nationwide. It provides primarily two lines of service: oil changes and brake repair. Oil change-related services represent 75% of its sales and provide a contribution margin ratio of 20%. Brake repair represents 25% of its sales and provides a 60% contribution margin ratio. The company’s fixed costs are $12,000,000 (that is, $60,000 per service outlet). Instructions (a) Calculate the dollar amount of each type of service that the company must provide in order to break even. (b) The company has a desired net income of $45,000 per service outlet. What is the dollar amount of each type of service that must be provided by each service outlet to meet its target net income per outlet?PDQ Repairs has 200 auto-maintenance service outlets nationwide. It performs primarily two lines of service: all changes and brake repair. Oil change-related services represent 80% of its sales and provide a contribution margin ratio of 15%. Brake repair represents 20% of its sales and provides a 35% contribution margin ratio. The company's fixed costs are $15,709,200 (that is, $78,546 per service outlet). (a) Calculate the dollar amount of each type of service that the company must provide in order to break even. (Use Weighted Average Contribution Margin Ratio rounded to 2 decimal places eg. 0.25 and round final answers to O decimal places, eg 2.510) Oil changes Brake repair S SUPPORT
- Pro Service has over 200 auto-maintenance service outlets nationwide. It provides primarily two lines of service: oil changes and brake repair. Oil change-related services represents 75% of its sales and provide a contribution margin ratio of 20%. Brake repair represents 25% of its sales and provides a 60% contribution margin ratio. The Company's fixed costs are RM15,000,000 (that is, RM75,000 per service outlet). The company has a desired net income of RM45,000 per service outlet. What is the RM amount of each type of service that must be provided by each service outlet to meet its target net income per outlet? please do not provide solution in image format thank you!PDQ Repairs has 200 auto-maintenance service outlets nationwide. It performs primarily two lines of service: oil changes and brake repair. Oil change-related services represent 60% of its sales and provide a contribution margin ratio of 25%. Brake repair represents 40% of its sales and provides a 45% contribution margin ratio. The company's fixed costs are $15,589,200 (that is, $77,946 per service outlet). Your answer is incorrect. Calculate the dollar amount of each type of service that the company must provide in order to break even. (Use Weighted- Average Contribution Margin Ratio rounded to 2 decimal places e.g. 0.25 and round final answers to 0 decimal places, e.g. 2,510.) Oil changes Brake repair %24Mienfoo Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume: Sales volume (units) 9,500 11,490 Cost of sales P 731,500 P 884,730 Selling and administrative costs P 696,000 P 739,780 The company sells the product for P134.00 per unit. The best estimate of the TOTAL CONTRIBUTION MARGIN when 10,070 units are sold is P
- Kingston Company sells its product for $300 per unit. The company's accountant provided the following cost information: Manufacturing costs Selling costs Administrative costs $20,300 + 46% of sales $13,100+ 23% of sales $25,400+ 8% of sales. What is Kingston Company's contribution margin ratio?P&G Company currently produces and sells two products, Life and Buoy. The following data were gathered from P&G's previous year's operations: - The company was able to sell 20,000 Life at a selling price of $20 each while 10,000 Buoy was sold at a selling price of $50. The contribution margin ratio of Life and Buoy are 40% and 30% respectively. - Each product has separate product managers which receives an annual salary of $20,000 each. The product manager is in charge of sales force utilization and compensation. Total employee benefit expense for the period amounted to $ 80,000 and $50,000 for Life and Buoy, respectively. - The product managers are also in charge of the advertising of each product. Direct advertising expenses for Life amounted to $ 15,000 while Buoy, $ 9,000. - Other direct fixed costs amounted to $ 10,000 and $ 5,000 for Life and Buoy, respectively. - Common corporate overhead expenses totaked $80,000 for the year. It is the company's policy to allocate common…Bacob Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $103.40 per unit. Sales volume (units) Cost of sales Selling and administrative costs O $213,590 The best estimate of the total contribution margin when 5,300 units are sold is: O $41,340 O $133,560 5,000 $315,500 $ 162,500 $56,710 6,000 $378,600 $177,600
- Spenser Company sells two products, Delta and Alpha, with a sales mix of 80% and 20%, respectively. Delta has a contribution margin per unit of $24, and Alpha has a contribution margin per unit of $21. The company sold 600 total units in September. Calculate the total amount each product contributed to the coverage of fixed costs and the total contribution margin for the company. Select the formula labels and calculate the contribution margin for Delta and Alpha, then calculate the total contribution margin for the company.CellPeak produces shelving units. The variable cost of each shelving unit comprises of direct materials of $26, direct labor of $8, packaging costs of $7 and variable overheads of $2. CellPeak has fixed overheads of $280433 and sells its shelving units for $75 each. Current sales are 25,000 shelving units per annum. What profit would CellPeak make if the company sold 18,000 shelving units?Sheridan Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 55% for Sporting Goods and 45% for Sports Gear, as determined by total sales dollars. Sheridan incurs $6690000 in fixed costs. The contribution margin ratio for Sporting Goods is 20%, while for Sports Gear it is 60%. The weighted-average contribution margin ratio is