Short Answer Question 2- CostVolume Profit (10 marks) Answer the questions in the space below where Required Selling Price - Boots. 43.5

Selling Price - Jeans. 50

Variable Cost- Boots. 25

VariableCost- Jeans. 39

Sales Mix Boots. 4 Jeans. 2 Fixed Costs. 1696000 Target After-Tax Income. 1072000

Tax rate 33% The company makes and sells two products as shown above. Required: A.|What is the weighted average contribution margin per unit? (2marks) B.|What is the weighted average contribution margin ratio? (2marks) 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 TargetAfter-Tax net Income shown? (3 marks This template below is provided in case you wish to useit. You do nothave to useit. You can change it oreven delete itif you prefer. A CM product 1 CM product 2 Weighted CM per unit

B Weighted average CM ratio

C Weighted CM per unit BE point in total units

BE units product 1

BE units product 2

D

Weighted CM per unit Total units Units product 1

Units product 2