Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Percentage Contribution Margin per of Unit Unit $ 40 32 45 Lens A Lens B Lens C Sales 28% 40 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 $179,000. 3. Determine how many units of each product must be sold to generate a profit of $66,000. Complete this question by entering your answers in the tabs below.
Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Percentage Contribution Margin per of Unit Unit $ 40 32 45 Lens A Lens B Lens C Sales 28% 40 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 $179,000. 3. Determine how many units of each product must be sold to generate a profit of $66,000. Complete this question by entering your answers in the tabs below.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow:
Percentage Contribution
Margin per
of Unit
Sales
Unit
28%
Lens A
Lens B
Lens C
40
32
$ 40
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 $179,000.
3. Determine how many units of each product must be sold to generate a profit of $66,000.
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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