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 $100 $30 $260 Unit variable costs 60 10 200 Unit contribution margin $40 $20 $60 Sales mix 35 % 55 % 10 % Fixed costs are $620,000. (a) Calculate weighted-average unit contribution margin.

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 $100 $30 $260 Unit variable costs 60 10 200 Unit contribution margin $40 $20 $60 Sales mix 35 % 55 % 10 % Fixed costs are $620,000. (a) Calculate weighted-average unit contribution margin.

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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(a) Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.)

Weighted-average unit contribution margin

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	Pairs of Shoes		Pairs of Gloves		Range- Finder
Unit sales price	$100			$30		$260
Unit variable costs	60			10		200
Unit contribution margin	$40			$20		$60
Sales mix	35	%		55	%	10	%