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 Contribution Margin per unit S38 30 43 Percentage of

image text in transcribed

Tiago makes three models of camera lens. its product mix and contribution margin per unit follow Contribution Margin per unit S38 30 43 Percentage of Unit sales Lens A Lens B Lens C 48% 26 26 Suppose the product mix has shifted to 53/24/23. 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.) CM per unit 2. Determine the number of units of each product that Tiago must sell to break even if fixed costs are $184,000. (Round intermediate calculations to nearest whole number. Round your answers up to the next whole number.) Units of A Units of E Units of C Units Units Units 3. Determine how many units of each product must be sold to generate a profit of $79,000. (Round intermediate calculations to nearest whole number. Round your answers up to the next whole number.) Units of A Units of E Units of C Units Units Units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

More Books

Students also viewed these Accounting questions