Required information Information for Pueblo Company follows: Sales Revenue Less: Total Variable Cost Contribution Margin Weighted average CM ratio Determine Pueblo's (overall) weighted-average contribution margin ratio. (Do not round intermediate calculations.) Break-even sales dollars Product A $50,000 $11,700 $38,300 % Product B $68,000 $16,620 $27,980 Determine its break-even sales dollars if total fixed costs are $43,000. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Target sales The total fixed costs are $43,000. Determine target sales needed to earn a $21,000 target profit. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Required information Information for Pueblo Company follows: Sales Revenue Less: Total Variable Cost Contribution Margin Weighted average CM ratio Determine Pueblo's (overall) weighted-average contribution margin ratio. (Do not round intermediate calculations.) Break-even sales dollars Product A $50,000 $11,700 $38,300 % Product B $68,000 $16,620 $27,980 Determine its break-even sales dollars if total fixed costs are $43,000. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Target sales The total fixed costs are $43,000. Determine target sales needed to earn a $21,000 target profit. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Required information
Information for Pueblo Company follows:
Sales Revenue
Less: Total Variable Cost
Contribution Margin
Determine Pueblo's (overall) weighted-average contribution margin
ratio. (Do not round intermediate calculations.)
Weighted average CM ratio
Break-even sales dollars
Product A Product B
$50,000
$68,000
$11,700
$16,620
$38,300
$27,980
%
Determine its break-even sales dollars if total fixed costs are $43,000.
(Do not round intermediate calculations. Round your answer to 2
decimal places.)
Target sales
The total fixed costs are $43,000.
Determine target sales needed to earn a $21,000 target profit. (Do not
round intermediate calculations. Round your answer to 2 decimal
places.)
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