Arden Florists sells three types of bouquets at a kiosk in the mall: Carnations,Roses,and Mixtures.They sold 10,000 bouquets last year.Mixtures outsold Roses by a margin of 2 to 1.Sales of Carnations were the same as sales of Roses.Fixed costs for Arden Florists are $19,500 and additional information follows:

1.Calculate the sales mix percentage of all three products (based upon the number of bouquets).
2.Calculate the weighted average contribution margin for all three types of bouquets.
3.Calculate the break-even volume in number of bouquets.
4.Calculate the break-even sales in dollars.

Question

Arden Florists sells three types of bouquets at a kiosk in the mall: Carnations,Roses,and Mixtures.They sold 10,000 bouquets last year.Mixtures outsold Roses by a margin of 2 to 1.Sales of Carnations were the same as sales of Roses.Fixed costs for Arden Florists are $19,500 and additional information follows:
  
1.Calculate the sales mix percentage of all three products (based upon the number of bouquets).
2.Calculate the weighted average contribution margin for all three types of bouquets.
3.Calculate the break-even volume in number of bouquets.
4.Calculate the break-even sales in dollars.

Quizplus · Accepted Answer

The Answer of Arden Florists sells three types of bouquets at a kiosk in the mall: Carnations,Roses,and Mixtures.They sold 10,000 bouquets last year.Mixtures outsold Roses by a margin of 2 to 1.Sales of Carnations were the same as sales of Roses.Fixed costs for Arden Florists are $19,500 and additional information follows:
  
1.Calculate the sales mix percentage of all three products (based upon the number of bouquets).
2.Calculate the weighted average contribution margin for all three types of bouquets.
3.Calculate the break-even volume in number of bouquets.
4.Calculate the break-even sales in dollars.

Arden Florists Sells Three Types of Bouquets at a Kiosk