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How to do Q4? LO 6-3, 6-6 PB6-5 Analyzing Multiproduct CVP, Break-Even Point, Target Profit, Margin of Safety Vasquez Company produces two backpack models. Information
How to do Q4?
LO 6-3, 6-6 PB6-5 Analyzing Multiproduct CVP, Break-Even Point, Target Profit, Margin of Safety Vasquez Company produces two backpack models. Information about its products follows: Fixed costs total $51,700. Required: 1. Determine Vasquez's weighted-average unit contribution margin and weighted-average contribution margin ratio. 2. Calculate Vasquez's break-even point in units and in sales revenue. 3. Calculate the number of units that Vasquez must sell to earn a $95,000 profit. 4. Calculate Vasquez's margin of safety (in units and sales dollars) and margin of safety as a percentage of sales based on the sales data provided aboveStep by Step Solution
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