Crane Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Sales mix is determined based upon total units sold. Unit selling price Unit variable costs Unit contribution margin Sales mix Fixed costs are $584,200. Pairs of Shoes $105 62 $43 33 % Pairs of Gloves $30 11 $19 44 % Range- Finder $241 201 $40 23 %
Crane Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Sales mix is determined based upon total units sold. Unit selling price Unit variable costs Unit contribution margin Sales mix Fixed costs are $584,200. Pairs of Shoes $105 62 $43 33 % Pairs of Gloves $30 11 $19 44 % Range- Finder $241 201 $40 23 %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Crane Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and
sales data. Sales mix is determined based upon total units sold.
Unit selling price
Unit variable costs
Unit contribution margin
Sales mix
Fixed costs are $584,200.
Pairs of
Shoes
$105
62
$43
33 %
Pairs of
Gloves
$30
11
$19
44 %
Range-
Finder
$241
201
$40
23 %
Transcribed Image Text:Your answer is correct.
Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places eg. 10.25.)
Weighted-average unit contribution margin $
Compute the break-even point in units for the company.
Your answer is correct.
Break-even point
Shoes
Determine the number of units to be sold at the break-even point for each product line.
Gloves
Range Finders
units
Break-even point in units
pairs of shoes
pairs of gloves
range-finders
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