Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please neew help Malibu, Inc, which has fixed costs of $2,966,000, sells three products whose sales price, variable cost per unit, and percentage of sales

please neew help
image text in transcribed
Malibu, Inc, which has fixed costs of $2,966,000, sells three products whose sales price, variable cost per unit, and percentage of sales units are presented in the table below Sales Price Variable Cost Product Mix Product A $ 8.00 S 400 60% Product B $18.00 S6,00 20% Product C $26.00 $10.00 20% a. What is the weighted average unit contribution margin? (Round your answer to 2 decimal places.) Unit Contribution Margin b. At the break-even point, how many units of Product A must be sold? (Round intermediate calculations to 2 decimal places. Round your answer to the nearest whole num Number of Unts Sold units c. To make a profit of $1,114.000, how many units of Product B must be sold? (Round intermeciate calculations to 2 decimal places. Round your answer to the nearest whole Number of Units Sold units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions