Question

Question 5 Hoopz Incorporated makes basketball nets. Its sales mix and contribution margin information per unit are as follows Sales Mix Bryant 12 % James 49 % Jordan 39 % Contribution Margin $92 $73 $55 It has fixed costs of $2,389,100. Determine the weighted-average unit contribution margin. (Round answers to 2 decimal places, e.g. 15.25.) Weighted-average unit contribution margin $ LINK TO TEXT Determine the total number of units that the company must produce to break even Total number of units LINK TO TEXTDetermine the number of units of each model that the company must produce to break-even. Break-even units Bryant James Jordan

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Requirements asked

A Total Fixed Cost $2,389,100
B [correctly entered by you] Weighted Average Unit Contribution margin $68.26
C = A / B Total no. of units required to break even                     35,000
A Total no. of units required to break even                     35,000
Answers: [BREAK EVEN UNITS]
A x 12% Bryant                       4,200
A x 49% James                     17,150
A x 39% Jordan                     13,650
Add a comment
Know the answer?
Add Answer to:
Question 5 Hoopz Incorporated makes basketball nets. Its sales mix and contribution margin information per unit...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Hoopz Incorporated makes basketball nets. Its sales mix and contribution margin information per unit are as...

    Hoopz Incorporated makes basketball nets. Its sales mix and contribution margin information per unit are as follows: Sales Mix Contribution Margin Bryant 9% $89 James 50% $70 Jordan 41 % $56 It has fixed costs of $2,203,398. Determine the weighted average unit contribution margin. (Round answers to 2 decimal places, e.g. 15.25.) Weighted average unit contribution margins LINK TO TEXT Determine the total number of units that the company must produce to break even. Total number of units LINK TO...

  • 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. Exercise 19-6 X Your answer is incorrect. Try again. Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin are as follows. Unit Contribution Margin Sales Mix Lawnmowers $31 Weed-trimmers 20 % 50 % 30 % $25 Chainsaws $37 Yard Tools has fixed costs of $4,350,800. Compute the number of units of each product that Yard Tools must sell...

  • Exercise 20-6 Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin...

    Exercise 20-6 Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin are as follows. Lawnmowers Weed-trimmers Chainsaws Sales Mix 20% 50% 30 % Unit Contribution Margin $30 $23 $44 Yard Tools has fixed costs of $4,512,900. Compute the number of units of each product that Yard Tools must sell in order to break even under this product mix. (Use Weighted Average Contribution Margin Ratio rounded to 2 decimal places e.g. 0.25 and round final answers...

  • 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...

  • Question 13 Snow Cap Springs produces and sells water filtration systems for homeowners. Information regarding its...

    Question 13 Snow Cap Springs produces and sells water filtration systems for homeowners. Information regarding its three models is shown below. Basic Basic Plus Premium Total Units sold 720 240 240 1,200 Selling price $251 $405 $804 Variable cost $190 $291 $417 The company’s total fixed costs to produce the filtration systems are $205,200. Determine the sales mix as a function of units sold for the three products. Basic Basic Plus Premium The sales mix as a function of units...

  • 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 % $22 Chainsaws 30 % $41 Yard Tools has fixed costs of $4,544,800. Compute the number of units of each product that Yard Tools must sell in order to break even under this product mix. (Use the Weighted-Average Unit Contribution Margin Ratio rounded to 2 decimal places e.g. 0.25 and round final...

  • Exercise 20-6 Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin...

    Exercise 20-6 Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin are as follows. Unit Contribution Margin Sales Mix Lawnmowers 20 % $31 Weed-trimmers $25 50 % Chainsaws $37 30 % Yard Tools has fixed costs of $4,350,800. Compute the number of units of each product that Yard Tools must sell in order to break even under this product mix. (Use Weighted-Average Contribution Margin Ratio rounded to 2 decimal places e.g. 0.25 and round final...

  • 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 % $29 Weed-trimmers 50 % $20 Chainsaws 30 % $36 Yard Tools has fixed costs of $3,857,000. Compute the number of units of each product that Yard Tools must sell in order to break even under this product mix. LawnmowersEnter a number of units unitsWeed-trimmersEnter a number of units unitsChainsawsEnter a number of units units

  • 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 % $30 Weed-trimmers 50 % $24 Chainsaws 30 % $42 Yard Tools has fixed costs of $4,590,000. 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 units

  • Garden Tools, Enterprises manufactures chainsaws, lawnmowers, and weed-trimmers. Its sales mix and unit contribution margin are...

    Garden Tools, Enterprises manufactures chainsaws, lawnmowers, and weed-trimmers. Its sales mix and unit contribution margin are as follows. Sales Mix Unit Contribution Margin Chainsaws Lawnmowers 30% 20% 50% $40.00 $30.00 $50.00 Weed-trimmers Garden Tools has fixed costs of $4,200,000 Compute the number of units of each product that Garden Tools must sell in order to break-even Under this product mix.

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT