Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Lens A Lens B Lens C Percentage of Contribution
Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Lens A Lens B Lens C Percentage of Contribution Margin Unit sales per unit 25% $46 43 38 32 51 Required: 1. Determine the weighted-average contribution margin per unit. 2. Determine the number of units of each product that Tiago must sell to break even if fixed costs are $193,000. 3. Determine how many units of each product must be sold to generate a profit of $69,000. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the weighted average contribution margin per unit. (Round your intermediate calculations and final answer to 2 decimal places.) Weighted Average CM per unit Required 1 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the number of units of each product that Tiago must sell to break even if fixed costs are $193,000. (Round your intermediate calculations to nearest whole number. Round your answers up to the next whole number. Round weighted- average contribution margin per unit to 2 decimal places.) Units of A Units of B Units of C Units Units Units Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine how many units of each product must be sold to generate a profit of $69,000. (Round your intermediate calculations to nearest whole number. Round your answers up to the next whole number. Round weighted-average contribution margin per unit to 2 decimal places.) Units of A Units of B Units of C Units Units Units
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started