SP 18 Serial Problem Business Solutions (Algo) LO P3 Business Solutions sells upscale modular desk units...
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SP 18 Serial Problem Business Solutions (Algo) LO P3 Business Solutions sells upscale modular desk units (60% of sales) and office chairs (40% of sales). Selling prices are $1,150 per desk unit and $700 per chair. Variable costs are $690 per desk unit and $350 per chair. Fixed costs are $208,000. Required: 1. Compute the weighted-average contribution margin. 2. Compute the break-even point in units. 3. Compute the number of units of each product that would be sold at the break-even point. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the weighted-average contribution margin. (Round your final answer to the nearest whole number.) Weighted-average contribution margin < Required 1 Required 2 > SP 18 Serial Problem Business Solutions (Algo) LO P3 Business Solutions sells upscale modular desk units (60% of sales) and office chairs (40% of sales). Selling prices are $1,150 per desk unit and $700 per chair. Variable costs are $690 per desk unit and $350 per chair. Fixed costs are $208,000. Required: 1. Compute the weighted-average contribution margin. 2. Compute the break-even point in units. 3. Compute the number of units of each product that would be sold at the break-even point. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the weighted-average contribution margin. (Round your final answer to the nearest whole number.) Weighted-average contribution margin < Required 1 Required 2 >
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