Question: Chapter 6 Homework pter 6 Homework Sud 8.2/20 Total points awarded Help Exit You received partial credit in the previous attempt 2 Lindstrom Company produces
Chapter 6 Homework pter 6 Homework Sud 8.2/20 Total points awarded Help Exit You received partial credit in the previous attempt 2 Lindstrom Company produces two fountain pen models, Information about its products follows: Sales revenue Less: Variable costs Contribution margin Total units sold Product Product B $115,000 $165,000 41,400 52,800 $ 73,600 $112,200 5,000 5,000 ed Lindstrom's fixed costs total $82,500. Required: 1. Determine Lindstrom's weighted average unit contribution margin and weighted- average contribution margin ratio. 2. Calculate Lindstrom's break-even point in units and in sales revenue. 3. Calculate the number of units that Lindstrom must sell to earn a $110,000 profit. 4. Calculate Lindstrom's margin of safety and margin of safety as a percentage of sales if it sells 8,800 total pens. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate Lindstrom's margin of safety and margin of safety as a percentage of sales if it sells margin of safety in units to the nearest whole number and your percentage of sales answert should be entered as 12.34%)) Units Margin of Safety Margin of Safety as Percentage of Sales 52.61 %
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