Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Crane Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Sales mix is
Crane Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Sales mix is determined based upon total units sold. Unit selling price Unit variable costs Unit contribution margin Sales mix Fixed costs are $602,888. (a1) Pairs of Shoes $103 60 $43 Your answer is correct. 32 % Pairs of Gloves $29 11 $18 42 % Range- Finder Weighted-average unit contribution margin $ $242 200 $42 26 % Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.) 32.24 Crane Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Sales mix is determined based upon total units sold. Fixed costs are $602,888. (a1) Your answer is correct Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.) Weighted-average unit contribution margin Compute the break-even point in units for the company. Break-even point units
Crane Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Sales mix is determined based upon total units sold. Unit selling price Unit variable costs Unit contribution margin Sales mix Fixed costs are $602,888. (a1) Pairs of Shoes $103 60 $43 Your answer is correct. 32 % Pairs of Gloves $29 11 $18 42 % Range- Finder Weighted-average unit contribution margin $ $242 200 $42 26 % Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.) 32.24
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started