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Break - Even Point and Target Profit Measured in Sales Dollars ( Multiple Products ) . Wool Works, Inc., produces two different products with the
BreakEven Point and Target Profit Measured in Sales Dollars Multiple Products Wool Works, Inc., produces two different products with the following monthly data these data are the same as the previous exercise: BreakEven Point and Target Profit Measured in Units Multiple Products Wool Works, Inc., produces two different products with the following monthly data: Assume the sales mix remains the same at all levels of sales. Required: a Calculate the weighted average contribution margin per unit. b How many units in total must be sold to break even? c How many units of each product must be sold to break even? d How many units in total must be sold to earn a monthly profit of $ Sweater Jacket Total Selling price per unit $ $ Variable cost per unit $ $ Expected unit sales Sales mix percent percent percent Fixed costs $ Assume the sales mix remains the same at all levels of sales. Required: Round your answers to the nearest hundredth of a percent and nearest dollar where appropriate. An example for percentage calculations is percent; an example for dollar calculations is $ $ Using the information provided, prepare a contribution margin income statement for the month similar to the one in Table Calculate the weighted average contribution margin ratio. Find the breakeven point in sales dollars. What amount of sales dollars is required to earn a monthly profit of $ Assume the contribution margin income statement prepared in requirement a is the companys base case. What is the margin of safety in sales dollars?
BreakEven Point and Target Profit Measured in Sales Dollars Multiple Products Wool Works, Inc., produces two different products with the following monthly data these data are the same as the previous exercise: BreakEven Point and Target Profit Measured in Units Multiple Products Wool Works, Inc.,
produces two different products with the following monthly data:
Assume the sales mix remains the same at all levels of sales.
Required:
a Calculate the weighted average contribution margin per unit.
b How many units in total must be sold to break even?
c How many units of each product must be sold to break even?
d How many units in total must be sold to earn a monthly profit of $
Sweater Jacket Total
Selling price per unit $ $
Variable cost per unit $ $
Expected unit sales
Sales mix percent percent percent
Fixed costs $
Assume the sales mix remains the same at all levels of sales.
Required:
Round your answers to the nearest hundredth of a percent and nearest dollar where appropriate. An example for percentage calculations is percent; an example for dollar calculations is $ $
Using the information provided, prepare a contribution margin income statement for the month similar to the one in Table
Calculate the weighted average contribution margin ratio.
Find the breakeven point in sales dollars.
What amount of sales dollars is required to earn a monthly profit of $
Assume the contribution margin income statement prepared in requirement a is the companys base case. What is the margin of safety in sales dollars?
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