Question

A company sells three different products: Product A, Product B, and Product C. The contribution margin...

A company sells three different products: Product A, Product B, and Product C. The contribution margin per unit for each of the products is as follows: $30 for Product A, $50 for Product B, and $60 for Product C. The company’s sales mix in units is as follows: 50% Product A, 30% Product B, and 20% Product C. The company’s fixed costs amount to $1,680,000. How many units of each product must the company sell in order to break even?

Show all work please

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A company sells three different products: Product A, Product B, and Product C. The contribution margin...
A company sells three different products: Product A, Product B, and Product C. The contribution margin per unit for each of the products is as follows: $30 for Product A, $50 for Product B, and $60 for Product C. The company’s sales mix in units is as follows: 50% Product A, 30% Product B, and 20% Product C. The company’s fixed costs amount to $1,680,000. How many units of each product must the company sell in order to break even?
Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin are as...
Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin are as follows. Sales Mix Unit Contribution Margin Lawnmowers 20 % $33 Weed-trimmers 50 % $21 Chainsaws 30 % $37 Yard Tools has fixed costs of $4,342,800. Compute the number of units of each product that Yard Tools must sell in order to break even under this product mix. Lawnmowers units Weed-trimmers units Chainsaws uni
PROBLEM 3 – Contribution Margin Income Statement Brooks Company manufactures a product that sells for $50...
PROBLEM 3 – Contribution Margin Income Statement Brooks Company manufactures a product that sells for $50 per unit. Brooks incurs a variable cost per unit of $35 and $2,400,000 in total fixed costs to produce this product. It is currently selling 200,000 units. Instructions: Complete each of the following requirements: (b) Compute the contribution margin per unit and contribution margin ratio. (c) Compute the break-even point in units. (d) Compute the break-even point in dollars. (e) Compute the number of...
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: Percentage of Unit sales Contribution Margin per unit Lens A 25 % $ 38 Lens B 40 30 Lens C 35 43 Suppose the product mix has shifted to 40/30/30. Required: 1. Determine the new 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 $187,000. 3. Determine how...
BBC Builders Inc. produces three products: A, B, and C. The following information is presented for...
BBC Builders Inc. produces three products: A, B, and C. The following information is presented for the three products: Calculate the contribution margin for each product Calculate the break-even point in units of the three products A, B, and C combination based on the sales mix percentaage Fixed Cost $321,000 Product A Product B Product C Price Per Unit $40 $34 $20 Variable Cost Per Unit $25 $20 $6 Contribution Margin Per Unit Product Mix 30% 20% 50% 100% Weighted...
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: Percentage of Unit sales Contribution Margin per unit Lens A 23 % $ 41 Lens B 39 33 Lens C 38 46 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 $181,000. 3. Determine how many units of each product must be sold to...
The Noble Company manufactures two products. Information about the two products is as follows: Product A...
The Noble Company manufactures two products. Information about the two products is as follows: Product A Product B Selling price per unit $80 $30 Variable costs per unit 45 15 Contribution margin per unit $35 $15 The company expects the fixed costs to be $189,000. The firm expects 60% of its sales (in units) to be of Product A (a sales mix of 3:2). Required: A. Calculate the contribution margin per package. $ B. Determine the break-even point in units...
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: Percentage of Unit sales Contribution Margin per unit Lens A 23 % $ 38 Lens B 36 30 Lens C 41 43 Required: 1. Determine the weighted-average contribution margin per unit. (Round your intermediate calculations and final answer to 2 decimal places.) 2. Determine the number of units of each product that Tiago must sell to break even if fixed costs are $181,000. (Round...
Sales Mix and Break-Even Sales Dragon Sports Inc. manufactures and sells two products, baseball bats and...
Sales Mix and Break-Even Sales Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $652,500, and the sales mix is 30% bats and 70% gloves. The unit selling price and the unit variable cost for each product are as follows: Products Unit Selling Price Unit Variable Cost Bats $60 $50 Gloves 150 90 a. Compute the break-even sales (units) for the overall enterprise product, E. units b. How many units of each...
oFly Corporation sells three different models of a mosquito “zapper.” Model A12 sells for $50 and...
oFly Corporation sells three different models of a mosquito “zapper.” Model A12 sells for $50 and has variable costs of $35. Model B22 sells for $100 and has variable costs of $70. Model C124 sells for $400 and has variable costs of $300. The sales mix of the three models is A12, 60%; B22, 15%; and C124, 25%. If the company has fixed costs of $269,500, how many units of each model must the company sell in order to break...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT