Homework Help is Here – Start Your Trial Now!
Business
Accounting
Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Percentage of Unit Contribution Margin per Unit $ 44 36 49 Lens A Lens B Lens C Sales 29% 36 35 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 $196,000. 3. Determine how many units of each product must be sold to generate a profit of $71,000. 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 >

Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Percentage of Unit Contribution Margin per Unit $ 44 36 49 Lens A Lens B Lens C Sales 29% 36 35 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 $196,000. 3. Determine how many units of each product must be sold to generate a profit of $71,000. 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
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

Please do not give solution in image format thanku 

Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Percentage of Unit Contribution Margin per Unit $ 44 36 49 Lens A Lens B Lens C Sales 29% 36 35 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 $196,000. 3. Determine how many units of each product must be sold to generate a profit of $71,000. 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:Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Percentage of Unit Contribution Margin per Unit $ 44 36 49 Lens A Lens B Lens C Sales 29% 36 35 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 $196,000. 3. Determine how many units of each product must be sold to generate a profit of $71,000. 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 >
Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Percentage of Unit Contribution Margin per Unit $44 36 49 Lens A Lens B Lens C 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 $196,000. 3. Determine how many units of each product must be sold to generate a profit of $71,000. Complete this question by entering your answers in the tabs below. Sales 29% 36 35 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 Units of Lens A Units of Lens B Units of Lens C Required 2 Units of Lens A Units of Lens B Units of Lens C < Required 1 Required 3 Determine how many units of each product must be sold to generate a profit of $71,000. Note: Round your intermediate calculations to nearest whole number. Round your answers up to the next whole number. Round weighted-average contribution margin per unit to 2 decimal places. Required 1 Required 2 Required 3 Uni Units Units < Required 2 Units Units Units Required 2 > Determine the number of units of each product that Tiago must sell to break even if fixed costs are $196,000. Note: Round your intermediate calculations to nearest whole number. Round your answers up to the next whole number. Round weighted-average contribution margin per unit to 2 decimal places. < Required 1 Required 3 > Required 3 >
Transcribed Image Text:Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Percentage of Unit Contribution Margin per Unit $44 36 49 Lens A Lens B Lens C 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 $196,000. 3. Determine how many units of each product must be sold to generate a profit of $71,000. Complete this question by entering your answers in the tabs below. Sales 29% 36 35 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 Units of Lens A Units of Lens B Units of Lens C Required 2 Units of Lens A Units of Lens B Units of Lens C < Required 1 Required 3 Determine how many units of each product must be sold to generate a profit of $71,000. Note: Round your intermediate calculations to nearest whole number. Round your answers up to the next whole number. Round weighted-average contribution margin per unit to 2 decimal places. Required 1 Required 2 Required 3 Uni Units Units < Required 2 Units Units Units Required 2 > Determine the number of units of each product that Tiago must sell to break even if fixed costs are $196,000. Note: Round your intermediate calculations to nearest whole number. Round your answers up to the next whole number. Round weighted-average contribution margin per unit to 2 decimal places. < Required 1 Required 3 > Required 3 >
Expert Solution
steps

Step by step

Solved in 5 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS