10. Kris Parker admired his wife's success at selling scarves at local crafts shows, so he decided to make two types of plant stands to sell at the shows. Kris makes twig stands out of downed wood from his backyard and the yards of his neighbors, so his variable cost is minimal (wood screws, glue, and so forth). However, Kris has to purchase wood to make his oak plant stands. His unit prices and costs are as follows: '(Click the icon to view the data.) The twig stands are more popular, so Kris sells four twig stands for every one oak stand. Jennifer charges her husband $240 to share her booth at the craft shows (after all, she has paid the entrance fees). How many of each plant stand does Kris need to sell to breakeven? Will this affect the number of scarves Jennifer needs to sell to breakeven? Explain. Determine how many of each plant stand Kris needs to sell to breakeven. Begin by computing the weighted-average contribution margin per unit. First identify the formula labels, then complete the calculations step by step. (1) Less: (2) (3) Twig Oak Total (4) (5) Weighted average contribution margin per unit Next determine the formula to compute the breakeven sales in units. (Abbreviations used: Avg. = average and CM = contribution margin.) (6) (7) Determine how many of each plant stands Kris needs to sell to breakeven. Breakeven sales of twig stands is Breakeven sales of oak stands is Junits. Junits. Will this affect the number of scarves Jennifer needs to sell to breakeven? Explain. (8) Breakeven sales in units By charging her husband part of the craft fair entrance fees, her fixed costs will (9). Therefore, Jennifer will need to sell (10)- scarves to breakeven than before her husband decided to share her craft booths. 1: Data Table Sales price. Variable cost Twig Stands $ Oak Stands 16.00 $ 39.00 2.00 $ 15.00 Sales mix Variable cost per unit (1) O Contribution margin O Contribution margin per unit O Sale price per unit (2) O O Contribution margin O Contribution margin per unit O Sale price per unit Sales mix Variable cost per unit