Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Juniper Corp. makes three models of insulated thermoses. Juniper has $311,000 in total revenue and total variable costs of $208,370. It sales mix is given

Juniper Corp. makes three models of insulated thermoses. Juniper has $311,000 in total revenue and total variable costs of $208,370. It sales mix is given below: image text in transcribed
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 $61,875.
3. Determine The total sales revenue needed to generate a profit of $71,940.
4. Determine The sales revenue from each product needed to generate a profit of $71,940.
Juniper Corp. makes three models of insulated thermos, Juniper has $311,000 in total revenue and total variable costs of $208,370. Its sales mix is given below. Percentage of total sales Thermos A Thermos B Thermos 28% 46 26 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 $61.875. 3. Determine the total sales revenue needed to generate a profit of $71.940. 4. Determine the sales revenue from each product needed to generate a profit of $71.940. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the overall) weighted average contribution margin ratio. Weighted Average CM Ratio

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Contemporary Debates On Politics And Public Administration In The Postmodern Era

Authors: Ă–mer Ugur, Kadir Caner Dogan

1st Edition

3631796331, 9783631796337

More Books

Students also viewed these Accounting questions

Question

=+. Alliteration The Magic of Macy's tagline.

Answered: 1 week ago

Question

=+iv. Simple promise No ordinary airline (Virgin Atlantic Airway).

Answered: 1 week ago