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please help to determine the CVP Income Statement Exercise 6-9 (Video) (Part Level Submission) Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder
please help to determine the CVP Income Statement
Exercise 6-9 (Video) (Part Level Submission) Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Pairs of Shoes Pairs of Gloves Range- Finder $105 Unit sales price Unit variable costs Unit contribution margin Sales mix 59 $46 31 % $32 10 $22 41 % $245 205 $40 28 % Fixed costs are $658,568. (1) Your answer is correct. Calculate weighted average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.) Weighted average unit contribution marginal 34.48 Click if you would like to Show Work for this question: Open Show Work (22) Your answer is correct. Compute the break-even point in units for the company. Break-even point 19100 units Click if you would like to Show Work for this question: Open Show Work (b) Your answer is correct. Determine the number of units to be sold at the break-even point for each product line. Shoes T 5921 pairs of shoes Gloves 7831 pairs of gloves Range Finders 5348 range-finders Click if you would like to Show Work for this question: Open Show Work v (c) Verify that the mix of sales units to be sold at the break-even point for each product line will generate a zero net income. ith no attempts available. Tiger Golf Accessories CVP Income Statament Click if you would like to Show Work for this question: Modify Show WorkStep by Step Solution
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