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Thomas ltd sells tables. For the purposes of CVP analysis, the shop owner has divided salesinto three categories, as follows: Product type, Sales price, Cost

Thomas ltd sells tables. For the purposes of CVP analysis, the shop owner has divided salesinto three categories, as follows:

Product type, Sales price, Cost Sales, commission Cedartable$1,200$660$60

teaktable$720$324$36 Oaktable$600$288$30

50 per cent of the shop's sales are Teak table, 30 per cent are Cedar and the remaining 20 per cent are Oak.

The shop's annual fixed costs are $178200.

Answers to all questions are required: (where necessary round off answer to 2 decimal places)

Question 11(3 points)

1. Calculate the unit contribution margin for each product type.

Question 11 options:

Question 12(3 points)

2. What is the shop's sales mix

Question 13(3 points)

3. Calculate the weighted average unit contribution margin, assuming a constant sales mix.

Question 13 options:

Question 14(3 points)

4. What is the shop's break-even sales revenue in dollars? Assume a constant sales mix.

Question 14 options:

Question 15(4 points)

5. How many tables of each type must be sold to earn a target net profit of $125,000? Assume a constant sales mix.

Question 15 options:

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