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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.     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

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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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  
 
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