Juniper Corporation makes three models of insulated thermos. Juniper has $303,000 in total revenue and...
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Accounting
Juniper Corporation makes three models of insulated thermos. Juniper has $303,000 in total revenue and total variable costs of $163,620. Its sales mix is given below:
Percentage of Total Sales | |
---|---|
Thermos A | 34% |
Thermos B | 41 |
Thermos C | 25 |
Required:
- Calculate the (overall) weighted-average contribution margin ratio.
- Determine the total sales revenue Juniper needs to break even if fixed costs are $88,550.
- Determine the total sales revenue needed to generate a profit of $103,500. Assume fixed costs are 88,550.
- Determine the sales revenue from each product needed to generate a profit of $103,500. Assume fixed costs are 88,550.
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