Homework Answers
Calculation of Contribution Margin per Unit :
Standard Scooter
Sale Price =$550
Less: Variable Cost per Unit = $225
Contribution Margin per Unit = $325
Chrome Scooter
Sale price = $750
Variable Cost per Unit =$300
Contribution Margin per Unit =$450
Sales mix is 1 standard scooter for every 3 Chrome Scooter
Weighted average CM = (325*1+450*3)/4
= $418.75
Break even sales units = Monthly fixed costs/weighted average CM
= 301,500/418.75
= 720 units
Units of standard scooter = 720*1/4 = 180 scooters
Of Chrome Scooter = 720*3/4 = 540 scooters
2.
Required Earnings = $753,750
Add: fixed costs = 301,500
Desired CM = 1,055,250
Number of units to be sold = required Contribution margin/weighted average Contribution Margin
= 1,055,250/418.75
= 2,520 scooters
Standard scooters = 2,520*1/4 = 630 scooters
Chrome scooters= 2,520*3/4 = 1,890 scooters
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Please help with requirement 1 and 2
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