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Pin Cushion Company produces two models of sewing basket. Information about Pin Cushion's products is given below: Sales revenue Less: Variable costs Product A Product
Pin Cushion Company produces two models of sewing basket. Information about Pin Cushion's products is given below: Sales revenue Less: Variable costs Product A Product B $ 28,000 43,000 19,800 11,400 Contribution margin Total units sold $ 16,600 23,200 1,820 780 Pin Cushion's fixed costs total $35,200 Required 1. Determine Pin Cushion's weighted-average unit contribution margin and weighted average contribution margin ratio. (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Weighted-Average Unit CM S Weighted-Average CM Ratio 60.56 x 2. Calculate Pin Cushion's break-even units and break-even sales revenue. (Round your "Sales Revenue" answer to 2 decimal places and "Sales Units" answer to the nearest whole number.) Answer is complete but not entirely correct 2,299 Units 581.24 Break-Even Sales Units Break Even Sales Revenue$
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