1) | Total | A | B | C | ||||
Sales | 314,000 | 97340 | 131880 | 84780 | ||||
Variable cost | 163,280 | 50616.8 | 68577.6 | 44085.6 | ||||
Contribution | 150,720 | 46723.2 | 63302.4 | 40694.4 | ||||
Weighted average CM | 48.00% | |||||||
2) | Break even point | 182500 | ||||||
Fixed cost/weighted average CM | ||||||||
87,600 | / | 48.00% | ||||||
182500 | ||||||||
3) | Target sales | 413500 | ||||||
(Fixed cost+ target profit)/weighted average CM | ||||||||
(87600+110880)/48% | ||||||||
413500 | ||||||||
4) | Thermos A | 128185 | ||||||
Thermos B | 173670 | |||||||
Thermos C | 111645 | |||||||
E6-22 (Algo) Multiproduct CVP Analysis [LO 6-6] Juniper Corp. makes three models of insulated thermos. Juniper...
11 Juniper Corp. makes three models of insulated thermos. Juniper has $308.000 in total revenue and total variable costs of $206,360. Its sales mix is given below: 1.4 points Thermos A Thermos B Thermos c Percentage of total sales 34% 47 19 eBook Required: 1. Calculate the overall) weighted-average contribution margin ratio. 2. Determine the total sales revenue Juniper needs to break even if fixed costs are $61.215. 3. Determine the total sales revenue needed to generate a profit of...
Chapter 6 Assignment i Saved Juniper Corp. makes three models of insulated thermos. Juniper has $300,000 in total revenue and total variable costs of $162,000. Its sales mix is given below: 10 points Percentage of total sales 32% 50 Thermos A Thermos B Thermosc 18 eBook Required: 1. Calculate the (overall) weighted average contribution margin ratio. 2. Determine the total sales revenue Juniper needs to break even if fixed costs are $89,470. 3. Determine the total sales revenue needed to...
Juniper Corp. makes three models of insulated thermos. Juniper has $317,000 in total revenue and total variable costs of $168,010. Its sales mix is given below: Percentage of total sales Thermos A 33 % Thermos B 40 Thermos C 27 Required: 1. Calculate the (overall) weighted-average contribution margin ratio. 2. Determine the total sales revenue Juniper needs to break even if fixed costs are $90,945. 3. Determine the total sales revenue needed to generate a profit of $101,990. 4. Determine...
Juniper Corp. makes three models of insulated thermos. Juniper has $400,000 in total revenue and total variable costs of $240,000. Its sales mix is given below Percentage o total sales Thermos A Thermos B Thermos C 35% 45 20 Required 1. Calculate the (overall) weighted-average contribution margin ratio hted Average CM 2. Determine the total sales revenue Juniper needs to break even if fixed 2. Determine the total sales revenue Juniper needs to break even if fkxed costs are $80.00....
Chapter 6 Assignment i Saved Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: 10 Percentage of Unit Contribution Margin per sales unit 27% $41 33 points Lens A Lens B Lens C 36 37 46 eBook Required: 1. Determine the weighted average contribution margin per unit. 2. Determine the number of units of each product that Tiago must sell to break even if fixed costs are $192,000. 3. Determine how many units...
Pin Cushion Company produces two models of sewing basket. Information about Pin Cushion's products is given below: Sales revenue Less: Variable costs Contribution margin Total units sold Product A $29,000 11,800 $17,200 800 Product B $44,000 20,200 $23,800 1,840 Pin Cushion's fixed costs total $35,500. Required: 1. Determine Pin Cushion's weighted average unit contribution margin and weighted-average contribution margin ratio. 2. Calculate Pin Cushion's break-even units and break-even sales revenue. 3. Calculate the number of units of each product that...
E6-5 (Algo) Calculating Contribution Margin and Contribution Margin Ratio; Identifying Break-Even Point, Target Profit [LO 6-1, 6-2] Sandy Bank, Inc., makes one model of wooden canoe. Partial information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $590 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 760 canoes. Prepare a contribution margin income statement for the company. 4. Calculate Sandy...
Hawk Homes, Inc., makes one type of birdhouse that It sells for $31.30 each. Its varlable cost is $15.00 per house, and its fixed costs total $14,229.90 per year. Hawk currently has the capacity to produce up to 2,500 birdhouses per year, so its relevant range is O to 2,500 houses. Required: 1. Prepare a contri bution margin income statement for Hawk assuming it sells 1,250 birdhouses this year. 2. Without any calculations, determine Hawk's total contribution margin if the...
Lindstrom Company produces two fountain pen models. Information about its products follows: Sales revenue Less: Variable costs Contribution margin Total units sold Product A $ 165,000 72,600 $ 92,400 5,000 Product B $215,000 60,200 $154,800 5,000 Lindstrom’s fixed costs total $87,500. Required: 1. Determine Lindstrom's weighted-average unit contribution margin and weighted-average contribution margin ratio. 2. Calculate Lindstrom's break-even point in units and in sales revenue. 3. Calculate the number of units that Lindstrom must sell to earn a $130,000 profit....
Lindstrom Company produces two fountain pen models. Information about its products follows: Product A Product B Sales revenue $ 100,000 $ 150,000 Less: Variable costs 39,000 52,500 Contribution margin $ 61,000 $ 97,500 Total units sold 5,000 5,000 Lindstrom’s fixed costs total $81,000. Required: 1. Determine Lindstrom’s weighted-average unit contribution margin and weighted-average contribution margin ratio. 2. Calculate Lindstrom’s break-even point in units and in sales revenue. 3. Calculate the number of units that Lindstrom must sell to earn a...