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CraneGolf Accessories CVP Income Statement

Contribution Margin $-$ Shoes

Contribution Margin $-$ Range$-$Finders

Total Contribution Margin

Fixed Costs

Net Income $($Loss$)$

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CraneGolf Accessories CVP Income Statement

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HW #$6($Ch$.6)$

Question $8$ of $10-H$ W $56\mathrm{.}6$

Question $8$ of $10$

$\frac{10\mathrm{.}75}{12}$

Crane Golf Accessories sells golf shoes, gloves, and a laser$-$guided range$-$finder that measures distance. Shown below are unit cost and sales data. Sales mix is determined based upon total units sold.

$\backslash$table$[[,$Pairs of Shoes,Pairs of Gloves,$\backslash$table$[[$Range$-],[$Finder$]]],[$Unit selling price,$$103,$$$29,$$$242],[$Unit variable costs,$60,11,200],[$Unit contribution margin,$$43,$$$18,$$$42],[$Sales mix,$32\%,42\%,26\%]]$

Fixed costs are $$602,888.$

$($a$1)$

Your answer is correct.

Calculate weighted$-$average unit contribution margin. $($Round answer to $2$ decimal places e$.$g$.10\mathrm{.}25.)$

Weighted$-$average unit contribution margin

$