Mark Question 2 [11 marks] A company, selling 3 products has monthly fixed costs of: Expected unit data are as follows: Product 1 Product 2 Product 3 Price $ 9.00 $ 12.00 $ 101.00 Variable cost Sales $ 6.00 $ 2,000 8.50 $ 85.00 1,600 5,000 $ 150,000 Marks: 3 Required: a. Determine the sales mix based on Sales units as a percentage. 4 2 b. Determine the weighted-average contribution margin ratio. 15 1 c. Determine the weighted-average variable expense ratio. 16 2 d. Determine monthly total company sales in dollars to break even. 17 3 e. For each product and for the company in total, determine the weighted average contribution margin per unit. 18 19 Solution: 20 21 22 23 24