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 $120,000 $170,000 52,800 52,700 $ 67,200 $117,300 5,000 5,000 Lindstrom's fixed costs total $83,000 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 $110,000 profit 4. Calculate Lindstrom's margin of safety and margin of safety as a percentage of sales if it sells 8,900 total pens. 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. (Round your weighted average CM to 2 decimal places and weighted Average CM Ratio to 1 decimal place (I.e. 123 should be entered as 12.3%)). Weighted-Average CM Weighted Average CM Ratio per Unit % Lindstrom Company produces two fountain pen models. Information about its products follows: Sales revenue Less: Variable costs Contribution margin Total units sold Product A $120,000 52,800 $ 67,200 5,000 Product B $170,000 52,700 $117,300 5,800 Lindstrom's fixed costs total $83,000. 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 $110,000 profit. 4. Calculate Lindstrom's margin of safety and margin of safety as a percentage of sales if it sells 8,900 total pens. 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. (Round your intermediate values to one decimal places. 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 Lindstrom Company produces two fountain pen models. Information about its products follows: Sales revenue Less: Variable costs Contribution margin Total units sold Product Product B $120,000 $170,000 52,800 52,700 $ 67,200 $117,300 5,000 5,800 Lindstrom's fixed costs total $83,000. 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 $110,000 profit 4. Calculate Lindstrom's margin of safety and margin of safety as a percentage of sales if it sells 8,900 total pens. 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 $110,000 profit. (Round your answer to the nearest whole number) Target Sales Units Units Lindstrom Company produces two fountain pen models. Information about its products follows: Sales revenue Less: Variable costs Contribution margin Total units sold Product Product B $120,000 $170,000 52,800 52,700 $ 67,200 $117,300 5,000 5,000 Lindstrom's fixed costs total $83,000. 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 $110,000 profit. 4. Calculate Lindstrom's margin of safety and margin of safety as a percentage of sales if it sells 8,900 total pens. 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 and margin of safety as a percentage of sales if it sells 8,900 total pens. (Round your margin of safety in units to the nearest whole number and your percentage of sales answer to 2 decimal places (1.e. .1234 should be entered as 12.34%)) Margin of Safety Margin of Safety as Percentage of Sales Units
