Use the following information to answer the next two questions: Gentry, Inc. sells only two products, Product A and Product B. The following data relate to expected sales for the coming period: Product A Product B 30,000 $300,000 $120,000 $73,820 Sales units Sales revenue 20,000 $240,000 Variable costs Fixed costs $140,000 $89,168 How many units of each product are needed for Gentry to breakeven at the given sales mix? (Do not round relevant intermediate calculations, such as percentages). a. 10,980 units of Product A and 16,470 units of Product B b. 5,976 units of Product A and 8,963 units of Product B c. 8,810 units of Product A and 13,215 units of Product B d. 2,166 units of Product A and 17,697 units of Product B e. 17,834 units of Product A and 12,303 units of Product B f. 11,642 units of Product A and 17,463 units of Product B 8. 11,146 units of Product A and 10,546 units of Product B h. None of the above Given their current operating income, by approximately what percentage will Gentry's profits increase if sales increase by 1.50%? (Round final answer in percentages to 2 decimal places) a. 3.33% b. 13.85% c. 2.54% d. 3.59% e. 4.74% f. 2.39% 8. 2.58% h. None of the above

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Chapter1: Financial Statements And Business Decisions
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Use the following information to answer the next two questions:
Gentry, Inc. sells only two products, Product A and Product B. The following data relate to
expected sales for the coming period:
Product A
20,000
$240,000
$140,000
$89,168
Product B
Sales units
30,000
$300,000
$120,000
$73,820
Sales revenue
Variable costs
Fixed costs
How many units of each product are needed for Gentry to breakeven at the given sales mix? (Do
not round relevant intermediate calculations, such as percentages).
a. 10,980 units of Product A and 16,470 units of Product B
b. 5,976 units of Product A and 8,963 units of Product B
c. 8,810 units of Product A and 13,215 units of Product B
d. 2,166 units of Product A and 17,697 units of Product B
e. 17,834 units of Product A and 12,303 units of Product B
f. 11,642 units of Product A and 17,463 units of Product B
g. 11,146 units of Product A and 10,546 units of Product B
h. None of the above
Given their current operating income, by approximately what percentage will Gentry's profits
increase if sales increase by 1.50%? (Round final answer in percentages to 2 decimal places)
a. 3.33%
b. 13.85%
c. 2.54%
d. 3.59%
e. 4.74%
f. 2.39%
g. 2.58%
h. None of the above
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Transcribed Image Text:List Paragraph For the... badiya aldujaili BA AutoSave ff Search EN File Home Insert Draw Design Layout References Mailings Review View Help A Share O Comments X Cut Calibri (Body) 11 - A^ A° Aav A AaBbCcDc AaBbCcDc AaBbC AABBCCC AaB AAB6CCC AaBbCcDa O Find - A Copy Paste Replace В IUvab х, х* А I Normal 1 No Spac. Heading 1 Heading 2 Title Subtitle Subtle Em... A Select v Dictate Editor Format Painter Clipboard Font Paragraph Styles Editing Voice Editor 1 1 6. Use the following information to answer the next two questions: Gentry, Inc. sells only two products, Product A and Product B. The following data relate to expected sales for the coming period: Product A 20,000 $240,000 $140,000 $89,168 Product B Sales units 30,000 $300,000 $120,000 $73,820 Sales revenue Variable costs Fixed costs How many units of each product are needed for Gentry to breakeven at the given sales mix? (Do not round relevant intermediate calculations, such as percentages). a. 10,980 units of Product A and 16,470 units of Product B b. 5,976 units of Product A and 8,963 units of Product B c. 8,810 units of Product A and 13,215 units of Product B d. 2,166 units of Product A and 17,697 units of Product B e. 17,834 units of Product A and 12,303 units of Product B f. 11,642 units of Product A and 17,463 units of Product B g. 11,146 units of Product A and 10,546 units of Product B h. None of the above Given their current operating income, by approximately what percentage will Gentry's profits increase if sales increase by 1.50%? (Round final answer in percentages to 2 decimal places) a. 3.33% b. 13.85% c. 2.54% d. 3.59% e. 4.74% f. 2.39% g. 2.58% h. None of the above Page 2 of 2 284 words English (United States) D Focus + 110% 8:25 PM O Type here to search ENG 2/11/2021 (8) . I I E S 9 . .
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Break-even point = Fixed costs / Contribution Margin Per Unit

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