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Sandras Shoes sells a quality brand of Sandals, Sneakers, & Boots in a sales mix of 1:3:1. The companys fixed costs are $114,000. Fill out

Sandras Shoes sells a quality brand of Sandals, Sneakers, & Boots in a sales mix of 1:3:1. The companys fixed costs are $114,000. Fill out all blanks in the chart below for part a.

Product data include the following:

Product

Unit

Unit

Contribution Margin

Sales Mix %

WACM

Sales Price

Variable Costs

Sandals

20

10

Sneakers

35

15

Boots

45

20

Required:

  1. Compute the weighted-average contribution margin (use chart above)

  1. Determine the weighted-average breakeven point (in total)

  1. Calculate the breakeven point for each product

  1. Verify your results

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