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Answer the questions in the space below where Required Variable Cost - Hats Variable Cost-Shoes...

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Accounting

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Answer the questions in the space below where Required Variable Cost - Hats Variable Cost-Shoes Selling Price - Hats Selling Price - Shoes Fixed Costs 14.00 30.00 31.00 38.25 1,224,000 Sales Mix Hats Shoes Target After-Tax Income Tax rate 3 4 780,000 35.0% The company makes and sells two products as shown above. Required: What is the weighted average contribution margin per unit? (2 marks) B What is the weighted average contribution margin ratio? (2 marks) C What is the breakeven point in total units, and by product type? (3 marks) D How many units, in total, and by product type, would need to be sold to achieve the Target After-Tax net income shown? (3 marks)

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