Juniper Corporation makes three models of insulated thermos. Juniper has $319,000 in total revenue and total...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Juniper Corporation makes three models of insulated thermos. Juniper has $319,000 in total revenue and total variable costs of $165,880. Its sales mix is given below: Thermos A Thermos B Thermos C Required: Percentage of Total Sales 31% 45 24 1. Calculate the (overall) weighted-average contribution margin ratio. 2. Determine the total sales revenue Juniper needs to break even if fixed costs are $92,880. 3. Determine the total sales revenue needed to generate a profit of $106,080. Assume fixed costs are 92,880. 4. Determine the sales revenue from each product needed to generate a profit of $106,080. Assume fixed costs are 92,880. 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. Required 1 Required 2 Required 3 Required 4 Determine the total sales revenue needed to generate a profit of $106,080. Assume fixed costs are 92,880. Note: Round your answer to the nearest whole number. Required 1 Required 2 Required 3 Required 4 Determine the sales revenue from each product needed to generate a profit of $106,080. Assume fixed costs are 92,880. Note: Round your answers to the nearest whole number. Required 1 Required 2 Required 3 Required 4 Determine the total sales revenue Juniper needs to break even if fixed costs are $92,880. Note: Round your answer to the nearest whole number. Juniper Corporation makes three models of insulated thermos. Juniper has $319,000 in total revenue and total variable costs of $165,880. Its sales mix is given below: Thermos A Thermos B Thermos C Required: Percentage of Total Sales 31% 45 24 1. Calculate the (overall) weighted-average contribution margin ratio. 2. Determine the total sales revenue Juniper needs to break even if fixed costs are $92,880. 3. Determine the total sales revenue needed to generate a profit of $106,080. Assume fixed costs are 92,880. 4. Determine the sales revenue from each product needed to generate a profit of $106,080. Assume fixed costs are 92,880. 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. Required 1 Required 2 Required 3 Required 4 Determine the total sales revenue needed to generate a profit of $106,080. Assume fixed costs are 92,880. Note: Round your answer to the nearest whole number. Required 1 Required 2 Required 3 Required 4 Determine the sales revenue from each product needed to generate a profit of $106,080. Assume fixed costs are 92,880. Note: Round your answers to the nearest whole number. Required 1 Required 2 Required 3 Required 4 Determine the total sales revenue Juniper needs to break even if fixed costs are $92,880. Note: Round your answer to the nearest whole number.
Expert Answer:
Answer rating: 100% (QA)
Answer 1 Calculate the overall weightedaverage contribution margin ratio To calculate the weightedaverage contribution margin ratio well use the contr... View the full answer
Related Book For
Holt McDougal Larson Geometry
ISBN: 9780547315171
1st Edition
Authors: Ron Larson, Laurie Boswell, Timothy D. Kanold, Lee Stiff
Posted Date:
Students also viewed these accounting questions
-
give a brief background on Knutsford express and apply Lufthansa business model to Knutsford express and discuss what could have been done differently to be better applied
-
Firm B's management is interested in investing some of its idle cash to get a better return. The management decided to invest in one of the firms across its supply chain, Firm C, which is involved in...
-
Calculate the vibrationnal wavenumber difference (absolute value in cm-1) between 1H35 CI and 1H37Cl. (Round your answer to the first decimal place.) Use the following constants: c: 299 800 000 m/s...
-
Hines stored her furniture, including a grand piano, in Arnetts warehouse. Needing more space, Arnett stored Hiness piano in Butlers warehouse next door. As a result of a fire, which occurred without...
-
In Problem, use implicit differentiation to find y and evaluate y at the indicated point. In y = 2y2 - x; (2,1)
-
The opportunity cost rate is the rate of interest one could earn on an alternative investment with a risk equal to the risk of the investment in question. This is the value of \(\mathrm{i}\) in the...
-
How do paradigms and perceptions interrelate?
-
The Arkade Company is considering switching to a 15 percent allowance based on time worked. Calculate the new standard time for each work element and for the totaljob. Mean Observed Time minutes 1.20...
-
1. Identify the parabola's vertex and the axis of symmetry} then state whether the vertex is a minimum or maximum. 4 2 p (z) = g(=+4) 3 Enter the vertex as an ordered pair, including the comma...
-
Bob Night opened "The General's Favorite Fishing Hole." The fishing camp is open from April through September and attracts many famous college basketball coaches during the off-season. Guests...
-
Discussing and analyzing two pricing strategies in detail is better than discussing all pricing strategies superficially. Why?
-
Which of the following companies is most likely to be considered a manufacturing company: a. Burger King. b. Abercrombie and Fitch. c. Supercuts. d. Maytag.
-
Wu Corp. had the following stock issued and outstanding at January 1, 2006: 1. 50,000 shares of no-par common stock. 2. 10,000 shares of \($100\) par, 4 percent, cumulative preferred stock....
-
If the number of units produced increases, a. Unit variable costs will increase. b. Unit fixed costs will decrease. c. Total variable costs will remain the same. d. Total fixed costs will increase.
-
B&S Corporation had the following stock issued and outstanding at January 1, 2007: 1. 100,000 shares of \($5\) par common stock. 2. 5,000 shares of \($100\) par, 5 percent, noncumulative preferred...
-
When Polledo Corporation was organized in January 2007, it immediately issued 5,000 shares of \($50\) par, 5 percent, cumulative preferred stock and 10,000 shares of \($10\) par common stock. The...
-
I'd like you to choose one of the following three topics (one may interest you more than the others), find an article, provide a summary paragraph, and provide a paragraph on your perspective now as...
-
Refer to the data for problem 13-36 regarding Long Beach Pharmaceutical Company. Required: Compute each division's residual income for the year under each of the following assumptions about the...
-
Accounting for defective units that are not reworked Wheatherbee Electronics makes cathode ray tubes (CRTs) for use in electronic testing and calibrations applications. All tubes are built to rigid...
-
Defective units that are not reworked The School Features Company makes briefcases, notebooks, and a number of other school and business related products. All products are produced for general stock...
-
Accounting for defective units that are reworked The Heartland Wood Products Com- pany makes a variety of quality wood furniture products. A major item is a solid oak coffee table which sells for...
Study smarter with the SolutionInn App