Question: G H K M N M 1. Question 2 (6 Marks) 2 Grant Toole Company, which has monthly fixed costs of $31,250 sells three products,

G H K M N M 1. Question 2 (6 Marks) 2 Grant Toole Company, which has monthly fixed costs of $31,250 sells three products, the cost and price data which are as following 3 Hammers Screwdriv Chisels 4 Selling Price $5.00 $2.00 $4.00 5 Variable Costs $3.00 $1.50 $2.00 6 Expected 200 250 300 7 8 1 Determine the sales mix based on Sales units as a %(2Marks) 9 2. Determine the weighted average contribution mar in ratio(2 Marks) 10 11 12 13 14 5 6 7 9 3. Determine monthly sales in Sto break even ( 2 marks) + 9

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