Juniper Corporation makes three models of insulated thermos. Juniper has $316,000 in total revenue and total variable costs of $208,560. Its sales mix is given below: Thermos A Thermos B Thermos C Percentage of Total Sales 25% 44 31 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 $65,110. 3. Determine the total sales revenue needed to generate a profit of $76,840. Assume fixed costs are 65,110. 4. Determine the sales revenue from each product needed to generate a profit of $76,840. Assume fixed costs are 65,110.

Juniper Corporation makes three models of insulated thermos. Juniper has $316,000 in total revenue and total variable costs of $208,560. Its sales mix is given below: Thermos A Thermos B Thermos C Percentage of Total Sales 25% 44 31 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 $65,110. 3. Determine the total sales revenue needed to generate a profit of $76,840. Assume fixed costs are 65,110. 4. Determine the sales revenue from each product needed to generate a profit of $76,840. Assume fixed costs are 65,110.

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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