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Short Answer Question 2 - Cost Volume Profit (10 marks) Answer the questions in the space below where Required 43.50 50.00 25.00 39.00 Selling Price
Short Answer Question 2 - Cost Volume Profit (10 marks) Answer the questions in the space below where Required 43.50 50.00 25.00 39.00 Selling Price - Boots Selling Price - Jeans Variable Cost - Boots Variable Cost - Jeans Sales Mix Boots Jeans Fixed Costs Target After-Tax Income Tax rate 4 2 1,696,000 1,072,000 33.0% The company makes and sells two products as shown above. Required: A. What is the weighted average contribution margin per unit? (2 marks) B. What is the weighted average contribution margin ratio? (2 marks) C. What is the breakeven point, in total units, and by product type? (3 marks) D. How many units, in total, and by product type, would need to be sold to achieve the Target After-Tax net Income shown
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