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Check my w Unit Fanning Company produces two products Budgeted annual income statements for the two products are provided as follows Pau Total Budgeted for
Check my w Unit Fanning Company produces two products Budgeted annual income statements for the two products are provided as follows Pau Total Budgeted for Budgeted lugtede get Budget Budget ber Amount Sumber Unit Amount ber moont Sales 190 $590 $112,10 760 = $550 435.000 950 $ 537.70 Variable cost 100 350 66,500) 260 390 (206,400 950 (62.00 Contribution margin 190 45,680 170 129,200 174, Fixed cost 19.000 (73,000 192.ee et income $ 26,600 5 56,200 $12,800 Required: a. Based on budgeted sales, determine the relative sales mix between the two products b. Determine the weighted average contribution margin per unit c. Calculate the break-even point in total number of units d. Determine the number of units of each product Fanning must sell to break even e. Verify the break even point by preparing an income statement for each product as well as an income statement for the combined products 1. Determine the margin of safety based on the combined sales of the two products ch O 66F hp 8 R IL S H LKL B N M UNT pod Required A Required Required Required D Required Required Based on budgeted sales, determine the relative sales mix between the two products, Relative percentage for Power Relative percentage for Lite Required 8 > ere to search O 66F 5 thp w W 20 T U S H K V Z X C B N M M f. Determine the margin of safety based on the combined sales of the two products. Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Required F Determine the weighted average contribution margin per unit. Walghted average contribution margin per unit search ol o ) 7 8 wlLEIRIT Complete this question by entering your answers in the tabs below. Required a Required B Require Required D Required E Required F Calculate the break-even point in total number of units. Break-even point units arch O ? 96 5 8 3 0 7 100 R T Y Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Required F Determine the number of units of each product Fanning must sell to break ever . units Required sales for Power Required sales for Lite units ch ORI g ? 9 3 4 0) 7 7 8 9 E E R T Y Complete this question by entering your answers in the tabs below. Required Required Roured Required ogredt eur Verify the break-even point by preparing an income statement for each product as well as an income statement for the combined products Per Sale Vartot Contribution margin Fred cost Not income to search O 9 66F w R 1 S G H K. X C. CL 7 B N M o Complete this question by entering your answers in the tabe below. Required Required 8 Required Required Required Required Determine the margin of safety based on the combined sales of the two products (Round your answer to 1 decimal plan lie, 0.234 should be entered 23.4) surance ype here to search O 66F hp 7 T 1 S D H K Z B N M M
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