Juniper Corporation makes three models of insulated thermos. Juniper has $306,000 in total revenue and total variable costs of $192,780. Its sales mix is given below: Thermos A Thermos B Thermos C Percentage of Total Sales 35% 43 22 Required: 1. Calculate the (overall) weighted-average contribution margin ratio. 2. Determine the total sales revenue Juniper needs to break even if fixed costs are $67,895. 3. Determine the total sales revenue needed to generate a profit of $86,580. Assume fixed costs are 67,895. 4. Determine the sales revenue from each product needed to generate a profit of $86,580. Assume fixed costs are 67,895. Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 Required 4 Calculate the (overall) weighted-average contribution margin ratio. Weighted Average CM Ratio % < Required 1 Required 2 >
Juniper Corporation makes three models of insulated thermos. Juniper has $306,000 in total revenue and total variable costs of $192,780. Its sales mix is given below: Thermos A Thermos B Thermos C Percentage of Total Sales 35% 43 22 Required: 1. Calculate the (overall) weighted-average contribution margin ratio. 2. Determine the total sales revenue Juniper needs to break even if fixed costs are $67,895. 3. Determine the total sales revenue needed to generate a profit of $86,580. Assume fixed costs are 67,895. 4. Determine the sales revenue from each product needed to generate a profit of $86,580. Assume fixed costs are 67,895. Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 Required 4 Calculate the (overall) weighted-average contribution margin ratio. Weighted Average CM Ratio % < Required 1 Required 2 >
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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I need help with the last three requirement
I need help with the last three requirement
I need help with the last three requirement
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Transcribed Image Text:Juniper Corporation makes three models of insulated thermos. Juniper has $306,000 in total revenue and total variable costs of
$192,780. Its sales mix is given below:
Thermos A
Thermos B
Thermos C
Percentage
of Total
Sales
35%
43
22
Required:
1. Calculate the (overall) weighted-average contribution margin ratio.
2. Determine the total sales revenue Juniper needs to break even if fixed costs are $67,895.
3. Determine the total sales revenue needed to generate a profit of $86,580. Assume fixed costs are 67,895.
4. Determine the sales revenue from each product needed to generate a profit of $86,580. Assume fixed costs are 67,895.
Complete this question by entering your answers in the tabs below.
Required Required 2 Required 3
Required 4
Calculate the (overall) weighted-average contribution margin ratio.
Weighted Average CM Ratio
%
<
Required 1
Required 2 >
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