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E6-22 (Algo) Multiproduct CVP Analysis [LO 6-6] Juniper Corp. makes three models of insulated thermos. Juniper has $308,000 in total revenue and total variable costs
E6-22 (Algo) Multiproduct CVP Analysis [LO 6-6]
Juniper Corp. makes three models of insulated thermos. Juniper has $308,000 in total revenue and total variable costs of $160,160. Its sales mix is given below:
Percentage of total sales | ||
Thermos A | 34 | % |
Thermos B | 45 | |
Thermos C | 21 | |
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 $92,880.
3. Determine the total sales revenue needed to generate a profit of $108,480.
4. Determine the sales revenue from each product needed to generate a profit of $108,480.
Required 1 Required 2 Required 3 Required 4 Calculate the overall) weighted average contribution margin ratio. Weighted Average CM Ratio % Required 1 Required 2 > Required 1 Required 2 Required 3 Required 4 Determine the total sales revenue Juniper needs to break even if fixed costs are $92,880. (Round your answer to the nearest whole number.) Break-Even Point Required 1 Required 2 Required 3 Required 4 Determine the total sales revenue needed to generate a profit of $108,480. (Round your answer to the nearest whole number.) Target Sales Required 1 Required 2 Required 3 Required 4 Determine the sales revenue from each product needed to generate a profit of $108,480. (Round your answers to the nearest whole number.) Thermos A Thermos B Thermos CStep by Step Solution
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