Carla Vista 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. Pairs of Shoes Pairs of Gloves Range- Finder Unit selling price $105 $33 $244 Unit variable costs 58 13 203 Unit contribution margin $47 $20 $41 Sales mix 36 % 41 % 23 % Fixed costs are $735,915. (a1) Calculate weighted-average unit contribution margin.
Carla Vista 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. Pairs of Shoes Pairs of Gloves Range- Finder Unit selling price $105 $33 $244 Unit variable costs 58 13 203 Unit contribution margin $47 $20 $41 Sales mix 36 % 41 % 23 % Fixed costs are $735,915. (a1) Calculate weighted-average unit contribution margin.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Carla Vista 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.
Fixed costs are $735,915.
|
Pairs of
Shoes |
Pairs of
Gloves |
Range-
Finder |
|||||||
|---|---|---|---|---|---|---|---|---|---|
|
Unit selling price
|
$105 | $33 | $244 | ||||||
|
Unit variable costs
|
58 | 13 | 203 | ||||||
|
Unit contribution margin
|
$47 | $20 | $41 | ||||||
|
Sales mix
|
36 | % | 41 | % | 23 | % |
Fixed costs are $735,915.
(a1)
Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.)
| Weighted-average unit contribution margin |
$enter the weighted-average unit contribution margin in dollars rounded to 2 decimal places
|
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