Lamar & Co., makes and sells two types of shoes, Plain and Fancy. Data concerning these products are as follows: Plain Fancy
Unit selling price $ 25.00 $ 36.00
Variable cost per unit 13.00 20.00
Sixty percent of the unit sales are Plain, and annual fixed expenses are $45,000.
Assuming that the sales mix remains constant, compute the total number of units of each product that the company must sell to break even.
Show all computations.

Benning manufacturing company is negotiating with a customer for the lease of a large machine manufactured by benning. the machine has a cash price of $980,000. benning wants to be reimbursed for financing the machine at a 9% annual interest rate. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) required: 1. determine the required lease payment if the lease agreement calls for 10 equal annual payments beginning immediately. 2. determine the required lease payment if the first of 10 annual payments will be made one year from the date of the agreement. 3. determine the required lease payment if the first of 10 annual payments will be made immediately and benning will be able to sell the machine to another customer for $68,000 at the end of the 10-year lease.