Juniper Corporation makes three models of insulated thermos. Juniper has $303,000 in total revenue and...
80.2K
Verified Solution
Link Copied!
Question
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.
Complete this question by entering your answers in the tabs below. Calculate the (overall) weighted-average contribution margin ratio. 1. Calculate the (overall) weighted-average contribution margin ratio. 2. Determine the total sales revenue Juniper needs to break even if fixed costs are $88,550. 3. Determine the total sales revenue needed to generate a profit of $103,500. Assume fixed costs are 88,550 . 4. Determine the sales revenue from each product needed to generate a profit of $103,500. Assume fixed costs are 88,550 . Complete this question by entering your answers in the tabs below. Determine the total sales revenue Juniper needs to break even if fixed costs are $88,550. Note: Round your answer to the nearest whole number. Complete this question by entering your answers in the tabs below. Determine the sales revenue from each product needed to generate a profit of $103,500. Assume fixed costs are 88,550 . Note: Round your answers to the nearest whole number. Complete this question by entering your answers in the tabs below. Determine the total sales revenue needed to generate a profit of $103,500. Assume fixed costs are 88,550 . Note: Round your answer to the nearest whole number. 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: Required: 1. Calculate the (overall) weighted-average contribution margin ratio. 2. Determine the total sales revenue Juniper needs to break even if fixed costs are $88,550. 3. Determine the total sales revenue needed to generate a profit of $103,500. Assume fixed costs are 88,550 . 4. Determine the sales revenue from each product needed to generate a profit of $103,500. Assume fixed costs are 88,550 . Complete this question by entering your answers in the tabs below
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
