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Two different product lines are manufactured and sold by Cheche Manufacturing Corp. Monthly fixed cost amounted to P90,000. Data with respect to each product lines follows: Selling price per unit Variable cost per unit Original sales mix Required: Product Cutie P 10.00 5.00 60% Product Sweetie P 8.00 2.00 40% b. Suppose the mix is 50-50 for each product line: 1. What is the weighted contribution margin percentage? 2. What is the combined amount of sales of the two products needed to earn P60,000 per month? 3. How much sales should each product line generated in order for Cheche to earn P60,000 per month?

Two different product lines are manufactured and sold by Cheche Manufacturing Corp. Monthly fixed cost amounted to P90,000. Data with respect to each product lines follows: Selling price per unit Variable cost per unit Original sales mix Required: Product Cutie P 10.00 5.00 60% Product Sweetie P 8.00 2.00 40% b. Suppose the mix is 50-50 for each product line: 1. What is the weighted contribution margin percentage? 2. What is the combined amount of sales of the two products needed to earn P60,000 per month? 3. How much sales should each product line generated in order for Cheche to earn P60,000 per month?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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answer b 1-3 with solution pls.. help me thanks

Two different product lines are manufactured and sold by Cheche Manufacturing Corp. Monthly fixed cost amounted to P90,000. Data with respect to each product lines follows: Selling price per unit Variable cost per unit Original sales mix Required: Product Cutie P 10.00 5.00 60% Product Sweetie P 8.00 2.00 40% b. Suppose the mix is 50-50 for each product line: 1. What is the weighted contribution margin percentage? 2. What is the combined amount of sales of the two products needed to earn P60,000 per month? 3. How much sales should each product line generated in order for Cheche to earn P60,000 per month?
Transcribed Image Text:Two different product lines are manufactured and sold by Cheche Manufacturing Corp. Monthly fixed cost amounted to P90,000. Data with respect to each product lines follows: Selling price per unit Variable cost per unit Original sales mix Required: Product Cutie P 10.00 5.00 60% Product Sweetie P 8.00 2.00 40% b. Suppose the mix is 50-50 for each product line: 1. What is the weighted contribution margin percentage? 2. What is the combined amount of sales of the two products needed to earn P60,000 per month? 3. How much sales should each product line generated in order for Cheche to earn P60,000 per month?
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