Question: help please and thank you! its for a big project oblem 2: (30 points) Thomas' family also runs a gounilit food store that sells two

help please and thank you! its for a big project
help please and thank you! its for a big project oblem 2:
(30 points) Thomas' family also runs a gounilit food store that sells

oblem 2: (30 points) Thomas' family also runs a gounilit food store that sells two main products: Premium Caviar and Goose Foie Gras. They import the Premium Caviar from Russia, and purchase Goose Foie Gras from Upstate New York. The two products are sold in boxes. Thomas gathers the following information: When Thomas took accounting courses at college, he knows how to do cost-volumeprofit analysis pretty well. However, be just remembers how to do the analysis for those companies with only one product. Therefore, he needs your help to calculate the following: a. What is the business' weighted-average contribution margin per unit? (show your computation) b. Calculate the business' break-even point in units assuming the current sales mix. (show your computation)| d. What is the business' weighted average contribution margin ratio? (show your computation) What level of sales (in dollars) will be needed to earn a profit of $64,950 assuming the current sales mix? (show your computation) What will be the sales (in dollars) of Premium Caviar and Goose Foie Gras boxes for the business' total sales calculated in Part e? (show your computation)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!