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numbers: 1,2,3,4 sis -worth atotal of 24 points) Fat Cat Furniture store sells two types of products; cat beds and scratching posts. oast year Fat
numbers: 1,2,3,4
sis -worth atotal of 24 points) Fat Cat Furniture store sells two types of products; cat beds and scratching posts. oast year Fat at sold 6,000 cat beds and 4,000 scratching 1, Over the posts, the sales mix of 6,000 beds to 000 p osts creates a percentage of 60% for the cat beds and 40% for the scratching posts. Caf's total fixed costs are $40,000. The cat bed's unit selling price is $44.00 and variable coss per bod re $24.00. The scratching post's unit selling price is $100.00 and variable cost per post is $30.00 Required: 1. Calculate the welghted average contribution margin per unit 2. Calculate Fat Cat's breakeven point in units for the "package" of products. 3. Calculate how many units of each product line the company must sell in order to breakeven. 4. Calculate the sales dollars required of each product line to breckeven Do not use the weighted average contribution margin ratio formula due to rounding issues. May still use the welghted average contribution margin per unit formula. 5. Prove the breakeven point by preparing a contribution margin income statement Make sure to provide three columns: one for Cat Beds, one for Scratching Posts, and one for Total. 6. The owner of Fat Cat Furniture wants to eam a $60,000 profit. Calculate the sales volume in units and total sales dollars of each product line the company must sell in order to eam $60,000 in profit. Do not use the weighted average contribution margin ratio formula due to rounding issues. May still use the weighted average contribution margin per unit formula. FR
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