Question
Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Percentage of Unit sales Contribution Margin per unit Lens
Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow:
Percentage of Unit sales | Contribution Margin per unit | |||
Lens A | 28 | % | $ | 36 |
Lens B | 37 | 28 | ||
Lens C | 35 | 41 | ||
Required: 1. Determine the weighted-average contribution margin per unit. (Round your intermediate calculations and final 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 $182,000. (Round intermediate calculations and final answers to the nearest whole number.)
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3. Determine how many units of each product must be sold to generate a profit of $68,000. (Round intermediate calculations and final answers to the nearest whole number.)
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PLEASE EXPLAIN
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