Question
Juniper Corporation makes three models of insulated thermos. Juniper has $309,000 in total revenue and total variable costs of $203,940. Its sales mix is given
Juniper Corporation makes three models of insulated thermos. Juniper has $309,000 in total revenue and total variable costs of $203,940. Its sales mix is given below: Percentage of Total Sales Thermos A 30% Thermos B 46 Thermos C 24 Required: Calculate the (overall) weighted-average contribution margin ratio. Determine the total sales revenue Juniper needs to break even if fixed costs are $60,350. Determine the total sales revenue needed to generate a profit of $76,500. Assume fixed costs are 60,350. Determine the sales revenue from each product needed to generate a profit of $76,500. Assume fixed costs are 60,350.
Calculate the (overall) weighted-average contribution margin ratio.
Determine the total sales revenue Juniper needs to break even if fixed costs are $60,350. Note: Round your answer to the nearest whole number.
Determine the total sales revenue needed to generate a profit of $76,500. Assume fixed costs are 60,350. Note: Round your answer to the nearest whole number.
Determine the sales revenue from each product needed to generate a profit of $76,500. Assume fixed costs are 60,350. Note: Round your answers to the nearest whole number.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started