s Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Lens A Lens B Lens C Percentage Contribution of Unit Margin per Unit $ 40 Sales 269 42 32 32 45 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 $194,000. 3. Determine how many units of each product must be sold to generate a profit of $67,000. 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 Required 1 Required 2 >

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow:
Contribution
Margin per
Unit
$ 40
32
45
Lens A
Lens B
Lens C
Percentage
of Unit
Sales
269
42
32
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 $194,000.
3. Determine how many units of each product must be sold to generate a profit of $67,000.
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
Required 1
Required 2 >
Transcribed Image Text:s Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Contribution Margin per Unit $ 40 32 45 Lens A Lens B Lens C Percentage of Unit Sales 269 42 32 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 $194,000. 3. Determine how many units of each product must be sold to generate a profit of $67,000. 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 Required 1 Required 2 >
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