Question
Juniper Corp. makes three models of insulated thermos. Juniper has $307,000 in total revenue and total variable costs of $193,410. Its sales mix is given
Juniper Corp. makes three models of insulated thermos. Juniper has $307,000 in total revenue and total variable costs of $193,410. Its sales mix is given below:
Percentage of total sales | ||
Thermos A | 33 | % |
Thermos B | 45 | |
Thermos C | 22 | |
Required:
1. Calculate the (overall) weighted-average contribution margin ratio.
2. Determine the total sales revenue Juniper needs to break even if fixed costs are $73,075.
3. Determine the total sales revenue needed to generate a profit of $82,880.
4. Determine the sales revenue from each product needed to generate a profit of $82,880.
Calculate the (overall) weighted-average contribution margin ratio.
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Determine the total sales revenue Juniper needs to break even if fixed costs are $73,075. (Round your answer to the nearest whole number.)
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Determine the total sales revenue needed to generate a profit of $82,880. (Round your answer to the nearest whole number.)
|
Determine the sales revenue from each product needed to generate a profit of $82,880. (Round your answers to the nearest whole number.)
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