Question1 Cedar-n-teak Ltd sells hand crafted coffee tables. For the purposes of a cost volume profit analysis, the shop owner has divided sales into two c as follows: Cost $50 30 Teak tables 600 270 Seventy per cent of the shop's sales are teak tables. The shop's annual fixed costs are $148 500. (In the following requirements, ignore income taxes.) Required: 1 Calculate the unit contribution margin for each product type 2 What is the shop's sales mix? 3 Calculate the weighted average unit contribution margin, assuming a constant sales mix. 4 What is the shop's break-even sales volume in dollars? Assume a constant sales mix. How many tables of each type must be sold to earn a target net profit of $99 000? Assume a constant sales mix. 5