Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

E6-11 (Algo) Analyzing Break-Even Point, Preparing CVP Graph (LO 6-1) Dana's Ribbon World makes award rosettes. Following is information about the company. Variable cost per

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
E6-11 (Algo) Analyzing Break-Even Point, Preparing CVP Graph (LO 6-1) Dana's Ribbon World makes award rosettes. Following is information about the company. Variable cost per rosette Sales price per rosette Total fixed costs per month $ 1.21 3.10 898.00 Required: 1. Determine how many rosettes Dana's must sell to break even (Round your intermediate calculations to 2 decim answer to the nearest whole number.) 2. Calculate the break-even point in sales dollars. (Do not round intermediate calculations. Round your answer to 1 Rosettes Break-Even Units Break-Even Sales Dollars 2. E6-22 (Algo) Multiproduct CVP Analysis (LO 6-6) Juniper Corp. makes three models of insulated thermos. Juniper has $304,000 in total revenue and total variable costs of $209,7 its sales mix is given below: Percentage of total sales 27% Thermos B Thermos C Thermos A 45 28 Required: 1. Calculate the overall) weighted-average contribution margin ratio. 2. Determine the total sales revenue Juniper needs to break even if fixed costs are $59,675. 3. Determine the total sales revenue needed to generate a profit of $66,960. 4. Determine the sales revenue from each product needed to generate a profit of $66,960. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the overall) weighted average contribution margin ratio. Weighted Average CM Ratio % Thermos A Thermos B Thermos C Percentage of total sales 27% 45 28 Required: 1. Calculate the overall) weighted average contribution margin ratio. 2. Determine the total sales revenue Juniper needs to break even if fixed costs are $59,675. 3. Determine the total sales revenue needed to generate a profit of $66,960. 4. Determine the sales revenue from each product needed to generate a profit of $66,960. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the total sales revenue Juniper needs to break even if fixed costs are $59,675. (Round your answer to the neares whole number.) Break-Even Point Thermos A Thermos B Thermos c Percentage of total sales 27% 45 28 Required: 1. Calculate the overall) weighted-average contribution margin ratio. 2. Determine the total sales revenue Juniper needs to break even if fixed costs are $59,675. 3. Determine the total sales revenue needed to generate a profit of $66,960. 4. Determine the sales revenue from each product needed to generate a profit of $66,960. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the total sales revenue needed to generate a profit of $66,960. (Round your answer to the nearest whole number.) Target Sales Thermos A Thermos B Thermos C Percentage of total sales 27% 45 28 Required: 1. Calculate the overall) weighted average contribution margin ratio. 2. Determine the total sales revenue Juniper needs to break even if fixed costs are $59,675. 3. Determine the total sales revenue needed to generate a profit of $66,960. 4. Determine the sales revenue from each product needed to generate a profit of $66,960. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Requireg 4 Determine the sales revenue from each product needed to generate a profit of $66,960. (Round your answers to the nearest whole number.) Thermos A Thermos B Thermos C

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Agile Auditing Fundamentals And Applications

Authors: Raven Catlin, Danny M Goldberg, Ceciliana Watkins

1st Edition

1119693462, 9781119693468

More Books

Students also viewed these Accounting questions

Question

6. List and explain important trends in compensation management.

Answered: 1 week ago

Question

What are our strategic aims?

Answered: 1 week ago