E6-20 (Algo) Analyzing Multiproduct CVP [LO 6-6] Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Lens A Lens B Lens C Percentage of Unit Sales 26% 40 34 Contribution Margin per Unit $ 31 23 36 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 $190,000. 3. Determine how many units of each product must be sold to generate a profit of $76,000. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the weighted-average contribution margin per unit. Note: Round your intermediate calculations and final answer to 2 decimal places. Weighted-average CM per Unit

E6-20 (Algo) Analyzing Multiproduct CVP [LO 6-6] Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Lens A Lens B Lens C Percentage of Unit Sales 26% 40 34 Contribution Margin per Unit $ 31 23 36 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 $190,000. 3. Determine how many units of each product must be sold to generate a profit of $76,000. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the weighted-average contribution margin per unit. Note: Round your intermediate calculations and final answer to 2 decimal places. Weighted-average CM per Unit

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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