Question: E6-20 (Algo) Analyzing Multiproduct CVP [LO 6-6] Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Required: 1.
E6-20 (Algo) Analyzing Multiproduct CVP [LO 6-6]
Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow:
Required:
1. Determine the 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 $192,000.
3. Determine how many units of each product must be sold to generate a profit of $83,000.
Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Required: 1. Determine the 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 $192,000. 3. Determine how many units of each product must be sold to generate a profit of $83,000. Complete this question by entering your answers in the tabs below. Determine the weighted-average contribution margin per unit. (Round your intermediate calculations and final answer to 2 decimal places.)
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