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(12 minutes) Yoga Springs produces and sells yoga systems. Information regarding its three models is below. Basic Basic Plus Premium Total Units sold 840 350
(12 minutes) Yoga Springs produces and sells yoga systems. Information regarding its three models is below. Basic Basic Plus Premium Total Units sold 840 350 210 1400 Selling price $250 $400 $800 Variable cost $195 $288 $416 The Company's fixed costs to produce the yoga systems are $140,000. Determine the sales mix and contribution margin for the three products. 1) What is the sales mix for Basic? % 2) What is the sales mix for Premium? % 3) What is the CM $ per unit for Basic Plus? $ 4) What is the CM $ per unit for Basic? $ 5) Determine the weighted average unit contribution margin? $ Now assuming the weighted average unit contribution margin is $139.40 per unit: 6) Determine the total number of units that the company must sell to break even? units Determine the number of units of each model that the company must sell to break even? 7) What is the number of Basic to sell? units 8) What is the number of Basic Plus to sell? units 9) What is the number of Premium to sell? units
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