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Pin cushion company produces two models of sewing basket. Information about pincushions products is given below: Pin cushions fixed costs total $40,900. Required: 1. Determine

Pin cushion company produces two models of sewing basket. Information about pincushions products is given below: image text in transcribed
Pin cushions fixed costs total $40,900.
Required:
1. Determine pin cushions weighted average unit contribution margin and weighted average contribution margin ratio.
2. Calculate pincushions breakeven units and break even sales revenue.
3. Calculate The number of units of each product must be sold to break even.
4. Calculate The total sales necessary for pincushion to earn a profit of $67,000.
5. Calculate The sales revenue generated from each product line if pincushion earns its target profit of $67,000.
6. using the original information, calculate pincushions degree of operating leverage.
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 sola Product A $47,000 19,000 $28,880 1,160 Product B $62,000 27,400 $34,600 2,200 Pin Cushion's fixed costs total $40.900. 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 $67.000, 5. Calculate the sales revenue generated from each product line if Pin Cushion earns its target profit of $67.000. 6. Using the original information calculate Pin Cushion's degree of operating leverage. Complete this question by entering your answers in the tobs below.

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