FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Lens A Lens B Lens C Contribution Percentage of Margin per Unit Sales 25% 43 32 Unit Required 1 $ 47 39 52 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 $186,000. 3. Determine how many units of each product must be sold to generate a profit of $71,000. Complete this question by entering your answers in the tabs below. Required 2 Required 3
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Transcribed Image Text:Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Lens A Lens B Lens C Contribution Percentage of Margin per Unit Sales 25% 43 32 Unit Required 1 $ 47 39 52 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 $186,000. 3. Determine how many units of each product must be sold to generate a profit of $71,000. Complete this question by entering your answers in the tabs below. Required 2 Required 3
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