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Malibu, Inc., which has fixed costs of $2,965,000, sells three products whose sales price, variable cost per unit, and percentage of sales units are presented in the table below. Sales Price $8.00 Variable Cost $4.00 Sales Mix Product A a. b. 50% Product B $16.00 $6.00 30% Product C $31.00 $17.00 20% What is the weighted average unit contribution margin? (Round your answer to 2 decimal places.) At the break-even point, how many units of Product A must be sold? (Round intermediate calculations to 2 decimal places. Round your answer to the nearest whole number.) To make a profit of $1,124,000, how many units of Product B must be sold? (Round intermediate

Malibu, Inc., which has fixed costs of $2,965,000, sells three products whose sales price, variable cost per unit, and percentage of sales units are presented in the table below. Sales Price $8.00 Variable Cost $4.00 Sales Mix Product A a. b. 50% Product B $16.00 $6.00 30% Product C $31.00 $17.00 20% What is the weighted average unit contribution margin? (Round your answer to 2 decimal places.) At the break-even point, how many units of Product A must be sold? (Round intermediate calculations to 2 decimal places. Round your answer to the nearest whole number.) To make a profit of $1,124,000, how many units of Product B must be sold? (Round intermediate

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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Malibu, Inc., which has fixed costs of $2,965,000, sells three products whose sales price, variable cost per unit, and percentage of sales units are presented in the table below. Sales Price Sales Mix Variable Cost $4.00 a. b. Product A C. $8.00 50% Product B $16.00 $6.00 30% Product C $31.00 $17.00 20% What is the weighted average unit contribution margin? (Round your answer to 2 decimal places.) At the break-even point, how many units of Product A must be sold? (Round intermediate calculations to 2 decimal places. Round your answer to the nearest whole number.) To make a profit of $1,124,000, how many units of Product B must be sold? (Round intermediate calculations to 2 decimal places. Round your answer to the nearest whole number.)
Transcribed Image Text:Malibu, Inc., which has fixed costs of $2,965,000, sells three products whose sales price, variable cost per unit, and percentage of sales units are presented in the table below. Sales Price Sales Mix Variable Cost $4.00 a. b. Product A C. $8.00 50% Product B $16.00 $6.00 30% Product C $31.00 $17.00 20% What is the weighted average unit contribution margin? (Round your answer to 2 decimal places.) At the break-even point, how many units of Product A must be sold? (Round intermediate calculations to 2 decimal places. Round your answer to the nearest whole number.) To make a profit of $1,124,000, how many units of Product B must be sold? (Round intermediate calculations to 2 decimal places. Round your answer to the nearest whole number.)
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