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Tulip Company sells two products, Style Blue and Style Red. Monthly sales and contribution margin ratios for the two products are shown below. Style Blue
Tulip Company sells two products, Style Blue and Style Red. Monthly sales and contribution margin ratios for the two products are shown below. Style Blue Style Red Total Sales $82,000 $77,000 $159,000 Contribution Margin ratio 42% 54% ? The company's fixed expenses total $60,000 per month. Do not enter dollar signs or commas in the input boxes. Round contribution margin ratio to 2 decimal places. Round break-even up to the nearest whole number. a) What is the company's total contribution margin ratio? Style Blue Style Red Total Sales $Answer $Answer $Answer Less: variable expenses $Answer $Answer $Answer Contribution Margin $Answer $Answer $Answer b) What is the company's total net operating profit? Contribution Margin (Total): $Answer Less: Fixed Expenses: $Answer Net Operating Profit: $Answer c) Calculate the break-even point in total dollar sales for the company based on the current sales mix. Contribution Margin Ratio (Total): Answer % Break-even point in sales dollars: $
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