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Ice Cream Co. produces and sells three kinds of ice cream, namely: Chocolate, Strawberry, and Vanilla. Monthly company fixed costs amounted to P134,000. Monthly sales,
Ice Cream Co. produces and sells three kinds of ice cream, namely: Chocolate, Strawberry, and Vanilla. Monthly company fixed costs amounted to P134,000. Monthly sales, on the other hand, totaled 41,000 units. Other pertinent data are summarized in the following table: Product Chocolate Strawberry Vanilla 17 35 21 Variable Costs Monthly Sales () 400.980 531,360 191,675 The Sales Mix for the ice cream flavors are 48.9%, 32.4%, and 18.7%, for Chocolate, Strawberry, and Vanilla, respectively. a. What is the weighted contribution margin? (Round up to nearest four decimal places) (5 pts) Answer: WCM = b. Determine the breakeven point for each of the ice cream products? (Round up to nearest whole number) (5 pts) Answer: Chocolate: units Strawberry: units Vanilla: units c. Compute for the number of total units to be sold if the company aims to achieve a target monthly profit of P167,500? (Round up to nearest whole number) (5 pts) Answer: units
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