Homework Answers
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Part 1
| Product | Total sales | Percentage of sales | Sales from each product |
| A | $3,500,000 | 23.67% | $ 828,450 |
| B | $3,500,000 | 39.33% | $ 1,376,550 |
| C | $3,500,000 | 21.67% | $ 758,450 |
| D | $3,500,000 | 15.33% | $ 536,550 |
| Total | $ 3,500,000 |
| Product | Sales from each product | Multiply: Contribution margin ratio | Contribution from each product | Variable Cost (Sales - Contribution margin) |
| A | 828,450 | 36% | 298,242 | 530,208 |
| B | 1,376,550 | 42% | 578,151 | 798,399 |
| C | 758,450 | 24% | 182,028 | 576,422 |
| D | 536,550 | 56% | 300,468 | 236,082 |
| Total contribution margin | 1,358,889 | |||
| Less: Fixed cost | 525,000 | |||
| Opearting income | 833,889 |
| Product | A | B | C | D | Total |
| Sales | 828,450 | 1,376,550 | 758,450 | 536,550 | 3,500,000 |
| Less: Variable costs | 530,208 | 798,399 | 576,422 | 236,082 | 2,141,111 |
| Contribution margin | 298,242 | 578,151 | 182,028 | 300,468 | 1,358,889 |
| Less: fixed cost | 525,000 | ||||
| Opearting income | 833,889 |
Part 2
| Product |
Percentage of sales |
Multiply: Contribution margin ratio |
Weighted average |
| A | 23.67% | 36% | 0.085212 |
| B | 39.33% | 42% | 0.165186 |
| C | 21.67% | 24% | 0.052008 |
| D | 15.33% | 56% | 0.085848 |
| Weighted average contribution margin ratio | 0.388254 | ||
| Weighted average contribution margin ratio | 38.8254% | ||
| Fixed cost | 525,000 | ||
| Divided by: Weighted average contribution margin ratio | 38.8254% | ||
| Break even sales dollars | $1,352,207.58 |
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Less: Direct fixed expenses
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