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MANAGER CHAPTER Sweater Jacket Total Selling price per unit $100 $400 Variable cost per unit $ 40 $240 Expected unit sales 21,000 9,000 30,000 Sales

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MANAGER CHAPTER Sweater Jacket Total Selling price per unit $100 $400 Variable cost per unit $ 40 $240 Expected unit sales 21,000 9,000 30,000 Sales mix 70 percent 30 percent 100 percent Fixed costs $1,800,000 Assume the sales mix remains the same at all levels of sales. Required: Round your answers to the nearest hundredth of a percent and nearest dollar where example for percentage calculations is 0.434532 = 0.4345 = 43.45 percent; an example to be calculations is $378.9787 = $379.) a. Using the information provided, prepare a contribution margin income statement forte similar to the one in Figure 6.5. b. Calculate the weighted average contribution margin ratio. c. Find the break-even point in sales dollars. d. What amount of sales dollars is required to earn a monthly profit of $780,000? e. Assume the contribution margin income statement prepared in requirement a is the rase. What is the margin of safety in sales dollars? Sweater Jacket Total Selling price per unit $100 $400 Variable cost per unit $ 40 $240 Expected unit sales 21,000 9,000 30,000 Sales mix 70 percent 30 percent 100 percent Fixed costs $1,800,000 Assume the sales mix remains the same at all levels of sales. Required: Round your answers to the nearest hundredth of a percent and nearest dollar example for percentage calculations is 0.434532 = 0.4345 = 43.45 percent; ar calculations is $378.9787 = $379.) a. Using the information provided, prepare a contribution margin income similar to the one in Figure 6.5. b. Calculate the weighted average contribution margin ratio. c. Find the break-even point in sales dollars. d. What amount of sales dollars is required to earn a monthly profit of $ e. Assume the contribution margin income statement prepared in requ case. What is the margin of safety in sales dollars

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