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please help Lindstrom Company produces two fountain pen models. Information about its products follows: Lindstrom's fixed costs total $78,500. Required: 1. Determine Lindstrom's weighted-average unit
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Lindstrom Company produces two fountain pen models. Information about its products follows: Lindstrom's fixed costs total $78,500. Required: 1. Determine Lindstrom's weighted-average unit contribution margin and weighted-average contribution margin ratio. 2. Calculate Lindstrom's break-even point in units and in sales revenue. 3. Calculate the number of units that Lindstrom must sell to earn a $150,000 profit. 4. Calculate Lindstrom's margin of safety (in units and sales dollars) and margin of safety as a percentage of sales based on the sales data provided in the table above. Complete this question by entering your answers in the tabs below. Calculate Lindstrom's margin of safety (in units and sales dollars) and margin of safety as a percentage of sales based on the sales data provided in the table above. Note: Do not round your intermediate calculations. Round your margin of safety in units to the nearest whole number and your percentage of sales answer to 2 decimal places (i.e. 0.1234 should be entered as 12.34% ). Calculate Lindstrom's margin of safety (in units and sales dollars) and margin of safety as a percentage of sales based on th sales data provided in the table above. Note: Do not round your intermediate calculations. Round your margin of safety in units to the nearest whole number and your percentage of sales answer to 2 decimal places (i.e. 0.1234 should be entered as 12.34% ) Step by Step Solution
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