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Lindstrom Company produces two fountain pen models. Information about its products follows: Product A Product B Sales revenue $ 7 6 , 6 0 0
Lindstrom Company produces two fountain pen models. Information about its products follows:
Product A Product B
Sales revenue $ $
Less: Variable costs
Contribution margin $ $
Total units sold
Lindstroms fixed costs total $
Required:
Determine Lindstroms weightedaverage unit contribution margin and weightedaverage contribution margin ratio.
Calculate Lindstroms breakeven point in units and in sales revenue.
Calculate the number of units that Lindstrom must sell to earn a $ profit.
Calculate Lindstroms 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.Lindstrom Company produces two fountain pen models. Information about its products follows:
Lindstrom's fixed costs total $
Required:
Determine Lindstrom's weightedaverage unit contribution margin and weightedaverage contribution margin ratio.
Calculate Lindstrom's breakeven point in units and in sales revenue.
Calculate the number of units that Lindstrom must sell to earn a $ profit.
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.
Calculate the number of units that Lindstrom must sell to earn a $ profit.
Note: Do not round your intermediate calculations. Round your answer to the nearest whole number.
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