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Jasper Inc produces 2 models of picnic baskets. Basket A Basket B $101,400 $56,000 $27,229 $51,410 Sales revenue(a) Variable Cost(b) Contribution Margin(c) Total Units sold(d)
Jasper Inc produces 2 models of picnic baskets. Basket A Basket B $101,400 $56,000 $27,229 $51,410 Sales revenue(a) Variable Cost(b) Contribution Margin(c) Total Units sold(d) $28,771 $49,990 2,028 1,352 Jasper's fixed cost total $35,200. Required: 1. Determine Jasper's weighted average contribution margin and weighted average contribution margin ratio. 2. Calculate Jasper's BEP in units and sales dollars 3. Calculate the number of units of each product that will be sold at break even. 4. Calculate the total sales necessary for Jasper to earn a profit of $126,400. 5. Calculate the sales revenue generated from each product line if Jasper earns it target profit of $126,400. 6. Assum no change total unit sales. Without doing any calculations, what will happen BEP in units if sales mix in 50/50?(increase/decrease/remain unchanged)? Explain. vas
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