Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Percentage of Unit Contribution Margin sales per unit $38

image text in transcribed

Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Percentage of Unit Contribution Margin sales per unit $38 Lens A 25% Lens 40 30 43 Lens C 35 Suppose the product mix has shifted to 40/30/30. Required 1. Determine the new weighted-average contribution margin per unit. (Round your intermediate calculation to 2 decimal places. Round your answer to 2 decimal places.) Weighted Average CM per unit 2. Determine the number of units of each product that Tiago must sell to break even if fixed costs are $187,000. (Round your intermediate calculations and final answers to the nearest whole number. Round your answers to the nearest whole number.) Units of Units A Units of B Units of Units Units C 3. Determine how many units of each product must be sold to generate a profit of $73,000. (Round your intermediate calculations and final answers to the nearest whole number. Round your answers to the nearest whole number.) Units of Units A Units of Units B Units of Units C

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

What is cultural tourism and why is it growing?

Answered: 1 week ago