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Sales price Variable cost per unit Contribution margin per unit Nylon $153 (83) $ 65 Wool $ 205 (105) $ 100 TBC expects to incur

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Sales price Variable cost per unit Contribution margin per unit Nylon $153 (83) $ 65 Wool $ 205 (105) $ 100 TBC expects to incur annual fixed costs of $963,000. The relative sales mix of the products is 80 percent for Nylon and 20 percent for Wool Required n. Determine the total number of products (units of Nylon and Wool combined) TBC must sell to earn a $117,000 profit b. How many units each of Nylon and Wool blankets must TBC sell to earn a S117,000 profit? c. Prepare an income statement using the contribution margin format Complete this question by entering your answers in the tabs below. Required A Required B Required Determine the total number of products (units of Nylon and Wool combined) TBC must sell to earn a $117,000 profit. Tolminumber of products 15,000 units How w many units each of Nylon and Wool blankets must TBC sell to earn a $117,000 profit? Nylon Blankets Wool Blankets 93,600 units 23,400 units Prepare an income statement using the contribution margin format. THE BLANKET COMPANY Contribution Margin Income Statement Nylon sales $ 14,320,800 Wool sales 4,797,000 Nylon variable costs 8,236,800 Wool variable costs 2,457,000 Contribution margin $ 8,424,000

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