E6-23 (Algo) Multiproduct CVP Analysis [LO 6-6] Juniper Corp. makes three models of insulated thermos. Juniper has $314,000 in total revenue and total variable costs of $182,120. Its sales mix is given below: Thermos A Thermos B Thermos C Percentage of total sales 30% 50 20 Suppose Juniper has improved its manufacturing process and expects total variable costs to decrease by 10 percent. The company expects sales revenue to remain stable at $314,000. Required: 1. Calculate the new weighted average contribution margin ratio. 2. Determine total sales that Juniper needs to break even if fixed costs after the manufacturing improvements are $48,500. 3. Determine the total sales revenue that Juniper must generate to earn a profit of $123,490. 4. Determine the sales revenue from each product needed to generate a profit of $123,490. Required 1 Required 2 Required 3 Required 4 Calculate the new weighted average contribution margin ratio. (Round your answer to 2 decimals (i.e. .1234 should be entered as 12.34%)). Weighted Average CM Ratio 42.00 X % Required 1 Required 2 > Required 1 Required 2 Required 3 Required 4 Determine total sales that Juniper needs to break even if fixed costs after the manufacturing improvements are $48,500. (Round Weighted Average CM Ratio to 2 decimal places.) Break-Even Point $ 115,476 Required 1 Required 3 Required 1 Required 2 Required 3 Required 4 Determine the total sales revenue that Juniper must generate to earn a profit of $123,490. (Round Weighted Average CM Ratio to 2 decimal places.) Target Sales $ 409,500 X