Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Pairs of Shoes Pairs of Gloves Range- Finder Unit sales price $104 $34 $244 Unit variable costs 61 10 202 Unit contribution margin $43 $24 $42 Sales mix 40 % 43 % 17 % Fixed costs are $634,278. Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.) Weighted-average unit contribution margin $ Compute the break-even point in units for the company. Break-even point units Determine the number of units to be sold at the break-even point for each product line. Shoes Gloves Range Finders
Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Pairs of Shoes Pairs of Gloves Range- Finder Unit sales price $104 $34 $244 Unit variable costs 61 10 202 Unit contribution margin $43 $24 $42 Sales mix 40 % 43 % 17 % Fixed costs are $634,278. Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.) Weighted-average unit contribution margin $ Compute the break-even point in units for the company. Break-even point units Determine the number of units to be sold at the break-even point for each product line. Shoes Gloves Range Finders
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data.
Fixed costs are $634,278.
|
Pairs of
Shoes |
Pairs of
Gloves |
Range-
Finder |
|||||||
| Unit sales price | $104 | $34 | $244 | ||||||
| Unit variable costs | 61 | 10 | 202 | ||||||
| Unit contribution margin | $43 | $24 | $42 | ||||||
| Sales mix | 40 | % | 43 | % | 17 | % |
Fixed costs are $634,278.
Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.)
| Weighted-average unit contribution margin |
$
|
Compute the break-even point in units for the company.
| Break-even point |
units
|
Determine the number of units to be sold at the break-even point for each product line.
| Shoes |
|
|
| Gloves |
|
|
| Range Finders |
|
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