ZTL Ltd produces three products. Cost, price, and volume data is shown below: When using units as the measure, what proportion of the sales mix do picture holders represent? Round to the nearest whole percent.
A) 33%
B) 46%
C) Some other percentage
D) Cannot be determined

Question

ZTL Ltd produces three products. Cost, price, and volume data is shown below:  When using units as the measure, what proportion of the sales mix do picture holders represent? Round to the nearest whole percent.
A) 33% 
B) 46% 
C) Some other percentage 
D) Cannot be determined

Quizplus · Accepted Answer

To find the proportion of sales mix represented by picture holders, we need to calculate the total number of units sold for all three products:

Total units = 20,000 + 15,000 + 10,000 = 45,000

Then we need to divide the number of picture holders sold by the total units sold and multiply the result by 100 to get the percentage:

Picture holders percentage = (15,000 / 45,000) x 100 = 33.33% (rounded to the nearest whole percent)

Therefore, picture holders represent approximately 33% of the sales mix. The closest answer choice is B (46%), which is not correct.

ZTL Ltd Produces Three Products