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- Required information Coral Reer Footwear nas provided the following contribution margin income statement. CORAL REEP FOOTWEAR Contribution Margin Income Statement Sandals (2,000 units) Total

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- Required information Coral Reer Footwear nas provided the following contribution margin income statement. CORAL REEP FOOTWEAR Contribution Margin Income Statement Sandals (2,000 units) Total Per unit $100,000 $ 50 70,000 35 $ 30,000 $ 15 Sales revenue Less: Variable costs Contribution margin Less: Fixed costs Net operating income Shoes (1,000 units) Total Per unit $150,000 $ 150 90,000 90 $ 60,000 $ 60 Total $ 250,000 160,000 $ 90,000 72,000 $ 18,000 Knowledge Check 01 If 2/3 two-thirds of all units sold are sandals and 13 one-third are shoes, what is the weighted average unit contribution margin? O $75 O $60 O $30 O $42 Knowledge Check 02 if 2/3 (two-thirds) of all units sold are sandals and 1/3 (one-third) are shoes, of the break-even units, how many units of sandals must be sold? 1,600 units O2,400 units O 800 units O 3,000 units

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