Need help solving required 1-6, thanks!
Pin Cushion Company produces two models of sewing basket. Information about Pin Cushion's products is given below: Sales revenue Less: Variable costs Contribution margin Total units sold Product A $29,000 11,800 $17,200 800 Product B $44,000 20, 200 $23,800 1,840 Pin Cushion's fixed costs total $35,500. Required: 1. Determine Pin Cushion's weighted-average unit contribution margin and weighted average contribution margin ratio. 2. Calculate Pin Cushion's break-even units and break-even sales revenue. 3. Calculate the number of units of each product that must be sold to break even. 4. Calculate the total sales necessary for Pin Cushion to earn a profit of $63,400. 5. Calculate the sales revenue generated from each product line if Pin Cushion earns its target profit of $63,400. 6. Using the original information, calculate Pin Cushion's degree of operating leverage. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Determine Pin Cushion's weighted average unit contribution margin and weighted average contribution margin ratio. (Round your intermediate calculations to 2 decimal places. Round your CM per unit and weighted average CM ratio to two decimal places ().e. .1234 should be entered as 12.34%.) Weighted Average Unit CM Weighted-Average CM Ratio % Required Required 2 > Pin Cushion Company produces two models of sewing basket. Information about Pin Cushion's products is given below: Sales revenue Less: Variable costs Contribution margin Total units sold Product A $29,000 11,800 $ 17, 200 800 Product B $44,000 20,200 $23,800 1,840 Pin Cushion's fixed costs total $35,500. Required: 1. Determine Pin Cushion's weighted average unit contribution margin and weighted-average contribution margin ratio. 2. Calculate Pin Cushion's break-even units and break-even sales revenue. 3. Calculate the number of units of each product that must be sold to break even. 4. Calculate the total sales necessary for Pin Cushion to earn a profit of $63,400. 5. Calculate the sales revenue generated from each product line if Pin Cushion earns its target profit of $63,400. 6. Using the original information, calculate Pin Cushion's degree of operating leverage. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Calculate Pin Cushion's break-even units and break-even sales revenue. (Round your units to the nearest whole number and sales revenue to two decimal places.) Units Break-Even Sales Units Break Even Sales Revenue Pin Cushion Company produces two models of sewing basket. Information about Pin Cushion's products is given below: Sales revenue Less: Variable costs Contribution margin Total units sold Product A $29,000 11,800 $17,200 800 Product B $44,000 20, 200 $23,800 1,840 Pin Cushion's fixed costs total $35,500. Required: 1. Determine Pin Cushion's weighted-average unit contribution margin and weighted average contribution margin ratio. 2. Calculate Pin Cushion's break-even units and break-even sales revenue. 3. Calculate the number of units of each product that must be sold to break even. 4. Calculate the total sales necessary for Pin Cushion to earn a profit of $63,400. 5. Calculate the sales revenue generated from each product line if Pin Cushion earns its target profit of $63,400. 6. Using the original information, calculate Pin Cushion's degree of operating leverage. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Calculate the number of units of each product that must be sold to break even. (Round your answers to the nearest whole number.) No. of Units Product A Product B Units Units Pin Cushion Company produces two models of sewing basket. Information about Pin Cushion's products is given below: Product A Product B Sales revenue $29,000 $44,000 Less: Variable costs 11,800 20, 200 Contribution margin $17,200 $23,800 Total units sold 800 1,840 Pin Cushion's fixed costs total $35,500. Required: 1. Determine Pin Cushion's weighted average unit contribution margin and weighted average contribution margin ratio. 2. Calculate Pin Cushion's break-even units and break-even sales revenue. 3. Calculate the number of units of each product that must be sold to break even. 4. Calculate the total sales necessary for Pin Cushion to earn a profit of $63,400. 5. Calculate the sales revenue generated from each product line if Pin Cushion earns its target profit of $63,400. 6. Using the original information, calculate Pin Cushion's degree of operating leverage. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Calculate the total sales necessary for Pin Cushion to earn a profit of $63,400. (Round your intermediate calculations to 2 decimal places. Round your answer to 2 decimal places.). Target Sales Revenue Pin Cushion Company produces two models of sewing basket. Information about Pin Cushion's products is given below: Product A Product B Sales revenue $29,000 $44,000 Less: Variable costs 11,800 20,200 Contribution margin $17,200 $23,800 Total units sold 800 1,840 Pin Cushion's fixed costs total $35,500. Required: 1. Determine Pin Cushion's weighted-average unit contribution margin and weighted-average contribution margin ratio. 2. Calculate Pin Cushion's break-even units and break-even sales revenue. 3. Calculate the number of units of each product that must be sold to break even. 4. Calculate the total sales necessary for Pin Cushion to earn a profit of $63,400. 5. Calculate the sales revenue generated from each product line if Pin Cushion earns its target profit of $63,400. 6. Using the original information, calculate Pin Cushion's degree of operating leverage. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Calculate the sales revenue generated from each product line if Pin Cushion earns its target profit of $63,400. (Round your Intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.). Product A Product B Pin Cushion Company produces two models of sewing basket. Information about Pin Cushion's products is given below: Sales revenue Less: Variable costs Contribution margin Total units sold Product A $29,000 11,800 $17,200 Product B $44,000 20,200 $23,800 1,840 800 Pin Cushion's fixed costs total $35,500. Required: 1. Determine Pin Cushion's weighted average unit contribution margin and weighted average contribution margin ratio. 2. Calculate Pin Cushion's break-even units and break-even sales revenue. 3. Calculate the number of units of each product that must be sold to break even. 4. Calculate the total sales necessary for Pin Cushion to earn a profit of $63,400. 5. Calculate the sales revenue generated from each product line if Pin Cushion earns its target profit of $63,400. 6. Using the original information, calculate Pin Cushion's degree of operating leverage. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Using the original information, calculate Pin Cushion's degree of operating leverage. (Round your answer to 2 decimal places.) Degree of Operating Leverage
