Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Juniper Corp. makes three models of insulated thermos. Juniper has $400,000 in total revenue and total variable costs of $240,000. Its sales mix is given

image text in transcribed
image text in transcribed
Juniper Corp. makes three models of insulated thermos. Juniper has $400,000 in total revenue and total variable costs of $240,000. Its sales mix is given below Percentage o total sales Thermos A Thermos B Thermos C 35% 45 20 Required 1. Calculate the (overall) weighted-average contribution margin ratio hted Average CM 2. Determine the total sales revenue Juniper needs to break even if fixed 2. Determine the total sales revenue Juniper needs to break even if fkxed costs are $80.00. (Round your answer to the nearest whole number) ven 3. Determine the total sales revenue needed to generate a profit of $90,000. (Round your answer to the nearest whole number.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions