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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 Product B $122,400 62,700 $93,500 5,000 $ 77,600 56,000 $ 48,500 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. Answer is complete but not entirely correct. 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 (1.e. 0.123 should be entered as 12.3%). Weighted-Average CM $ 14.20 per Unit Weighted-Average CM Ratio 74.7 Required 1 Required 2 > Lindstrom Company produces two fountain pen models. Information about its products follows: Sales revenue Less Variable costs Contribution margin i Total units sold Lindstrom's fixed costs total $91,500. Required: Product A Product B $122,400 62,700 $ 93,500 5,000 $ 77,600 56,000 $ 48,500 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. Answer is complete but not entirely correct. 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 5,465 ( Units 103,882.19 < 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: 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. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the number of units the Required 3 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 16,028 Units 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 Product B $122,400 62,700 $ 93,500 5,000 $ 77,600 56,000 $ 48,500 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. Answer is complete but not entirely correct. 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 Show less A 4,535 ( Units Margin of Safety in Dollars $ Margin of Safety as Percentage of Sales 86.117.81 45.32 %
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