Question
Juniper Corporation makes three models of insulated thermos. Juniper has $317,000 in total revenue and total variable costs of $177,520. Its sales mix is given
Juniper Corporation makes three models of insulated thermos. Juniper has $317,000 in total revenue and total variable costs of $177,520. Its sales mix is given below:
Percentage of Total Sales | |
---|---|
Thermos A | 26% |
Thermos B | 42 |
Thermos C | 32 |
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 $84,700.Note: Round your answer to the nearest whole number.
3. Determine the total sales revenue needed to generate a profit of $93,720. Assume fixed costs are 84,700. Note: Round your answer to the nearest whole number.
4. Determine the sales revenue from each product needed to generate a profit of $93,720. Assume fixed costs are 84,700. Note: Round your answers to the nearest whole number.
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