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Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow:

Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow:

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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Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Percentage of Unit Sales Lens A Lens B Lens C 26% 42 32 Contribution Margin per Unit $43 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 $189,000. 3. Determine how many units of each product must be sold to generate a profit of $73,000. Required 1. Required 2 35 48 Complete this question by entering your answers in the tabs below. 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 Sales Lens A Lens B Lens C 26% 42 32 Contribution Margin per Unit $43 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 $189,000. 3. Determine how many units of each product must be sold to generate a profit of $73,000. Required 1. Required 2 35 48 Complete this question by entering your answers in the tabs below. 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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