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Lindstrom Company produces two fountain pen models. Information about its products follows: Sales revenue Less: Variable costs Contribution margin Total units sold Lindstrom's fixed
Lindstrom Company produces two fountain pen models. Information about its products follows: Sales revenue Less: Variable costs Contribution margin Total units sold Lindstrom's fixed costs total $91,500. Required: Product A $ 77,600 56,000 $ 48,500 5,000 Product B $ 122,400 62,700 $ 93,500 5,000 1. Determine Lindstrom's weighted-average unit contribution margin and weighted-average contribution margin ratio. 2. Calculate Lindstrom's break-even point in units and in sales revenue. 3. Calculate the number of units that Lindstrom must sell to earn a $150,000 profit. 4. Calculate Lindstrom's margin of safety (in units and sales dollars) and margin of safety as a percentage of sales based on the sales data provided in the table above. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine Lindstrom's weighted-average unit contribution margin and weighted-average contribution margin ratio. Note: Round your weighted-average CM to 2 decimal places and Weighted-Average CM Ratio to 1 decimal place (i.e. 0.123 should be entered as 12.3%). Weighted-Average CM Weighted-Average CM Ratio per Unit % Required 1 Required 2 > Lindstrom Company produces two fountain pen models. Information about its products follows: Sales revenue Less: Variable costs Contribution margin Total units sold Lindstrom's fixed costs total $91,500. Required: Product A $ 77,600 56,000 $ 48,500 5,000 Product B $122,400 62,700 $ 93,500 5,000 1. Determine Lindstrom's weighted average unit contribution margin and weighted-average contribution margin ratio. 2. Calculate Lindstrom's break-even point in units and in sales revenue. 3. Calculate the number of units that Lindstrom must sell to earn a $150,000 profit. 4. Calculate Lindstrom's margin of safety (in units and sales dollars) and margin of safety as a percentage of sales based on the sales data provided in the table above. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate Lindstrom's break-even point in units and in sales revenue. Note: Do not round your intermediate calculations. Round your "Sales Revenue" answer to 2 decimal places and "Sales Units" answer to the nearest whole number. Break-Even Sales Units Break Even Sales Revenue Units < Required 1 Required 3 > Lindstrom Company produces two fountain pen models. Information about its products follows: Sales revenue Less: Variable costs Contribution margin Total units sold] Lindstrom's fixed costs total $91,500. Required: $ 77,600 56,000 Product A $ 48,500 5,000 Product B $ 122,400 62,700 $93,500 5,000 1. Determine Lindstrom's weighted-average unit contribution margin and weighted average contribution margin ratio. 2. Calculate Lindstrom's break-even point in units and in sales revenue. 3. Calculate the number of units that Lindstrom must sell to earn a $150,000 profit. 4. Calculate Lindstrom's margin of safety (in units and sales dollars) and margin of safety as a percentage of sales based on the sales data provided in the table above. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the number of units that Lindstrom must sell to earn a $150,000 profit. Note: Do not round your intermediate calculations. Round your answer to the nearest whole number. Target Sales Units Units: < Required 2 Required 4 > Lindstrom Company produces two fountain pen models. Information about its products follows: Sales revenue Less: Variable costs Contribution margin Total units sold Product A Product B $ 122,400 62,700 $ 93,500 5,000 $ 77,600 56,000 $ 48,500 5,000 Lindstrom's fixed costs total $91,500. Required: 1. Determine Lindstrom's weighted-average unit contribution margin and weighted-average contribution margin ratio. 2. Calculate Lindstrom's break-even point in units and in sales revenue. 3. Calculate the number of units that Lindstrom must sell to earn a $150,000 profit. 4. Calculate Lindstrom's margin of safety (in units and sales dollars) and margin of safety as a percentage of sales based on the sales data provided in the table above. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate Lindstrom's margin of safety (in units and sales dollars) and margin of safety as a percentage of sales based on the sales data provided in the table above. Note: Round your margin of safety in units to the nearest whole number, Margin of Safety in Dollars to 2 decimal places, and your percentage of sales answer to 2 decimal places (i.e. 0.1234 should be entered as 12.34%) Margin of Safety in Units Margin of Safety in Dollars Units Margin of Safety as Percentage of Sales % Show less A
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