Core Fitness manufactures and sells three gym equipment: Stair climbers (SC), Elliptical machines (EM), and Calf press (CP).

The following information relates to the equipment for the 2022 budget period:

	SC	EM	CP
Budgeted sales in units	1500	1200	900
Selling Price	$380	$420	$500
Variable Cost per unit	$195	$295	$230
Fixed Cost	$249,400

Required:

The management of Core Fitness have requested that you calculate the following information

I. Weighted Average Contribution Margin.

II. Breakeven units for EACH product

III. Breakeven revenue for EACH product

IV. No of units to be sold to achieve a target profit of $98,600 for EACH product

V. Number of units to be sold to achieve an after-tax profit of $59,160 for EACH product. The tax rate is 40%.