Question
Hoopz Incorporated makes basketball nets. Its sales mix and contribution margin information per unit are as follows: Sales MixContribution Margin Bryant11 %$94James52 %$72Jordan37 %$56 It
Hoopz Incorporated makes basketball nets. Its sales mix and contribution margin information per unit are as follows:
Sales MixContribution MarginBryant11 %$94James52 %$72Jordan37 %$56
It has fixed costs of $2,061,850.
Determine the weighted-average unit contribution margin. (Round answers to 2 decimal places, e.g. 15.25.)
Weighted-average unit contribution margin$
Determine the total number of units that the company must produce to break even.
Total number of units
Determine the number of units of each model that the company must produce to break-even.
Break-even unitsBryant
James
Jordan
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