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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 %

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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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: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 %
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
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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