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2. Sandra's Shoes sells a quality brand of Sandals, Sneakers, & Boots in a sales mix of 1:3:1. The company's fixed costs are $114,000. Fill
2. Sandra's Shoes sells a quality brand of Sandals, Sneakers, & Boots in a sales mix of 1:3:1. The company's fixed costs are $114,000. Fill out all blanks in the chart below for parta. Product data include the following: Sales WACM Mix % Unit Unit Contribution Product Sales Variable Margin Price Costs Sandals 20 Sneakers 35 Boots 45201 10 15 Required: a. Compute the weighted-average contribution margin (use chart above) b. Determine the weighted average breakeven point in total) c. Calculate the breakeven point for each product d. Verify your results
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