Ivanhoe Canoe Co. produces and distributes three types of oars to accompany its various canoe product...
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Ivanhoe Canoe Co. produces and distributes three types of oars to accompany its various canoe product lines. Financial information for the past year on these three products is as follows: Price per Unit Units Sold Variable Costs per Unit Fixed Product Costs Total Fixed Selling & Admin Costs Income Tax Rate (a) Your answer is correct. (b) Weighted-average contribution margin $ Paddler $46 3,735 $23 $37,350 eTextbook and Media Assuming that Ivanhoe's overall sales mix for its oars remains the same, calculate and provide the following additional information: Your answer is incorrect. Stroker Ace $116 2,490 $53 $56,025 Break-even point in sales What is the current weighted-average contribution margin per unit? (Round answer to 2 decimal places, e.g. 150.25.) Super Driver $396 2,075 $93 $102,710 Total units $313,165 105 per unit What is the break-even point in sales units? (Round answer to O decimal places, e.g. 5,275.) 25% Attempts: 1 of 3 used Ivanhoe Canoe Co. produces and distributes three types of oars to accompany its various canoe product lines. Financial information for the past year on these three products is as follows: Price per Unit Units Sold Variable Costs per Unit Fixed Product Costs Total Fixed Selling & Admin Costs Income Tax Rate (a) Your answer is correct. (b) Weighted-average contribution margin $ Paddler $46 3,735 $23 $37,350 eTextbook and Media Assuming that Ivanhoe's overall sales mix for its oars remains the same, calculate and provide the following additional information: Your answer is incorrect. Stroker Ace $116 2,490 $53 $56,025 Break-even point in sales What is the current weighted-average contribution margin per unit? (Round answer to 2 decimal places, e.g. 150.25.) Super Driver $396 2,075 $93 $102,710 Total units $313,165 105 per unit What is the break-even point in sales units? (Round answer to O decimal places, e.g. 5,275.) 25% Attempts: 1 of 3 used
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Related Book For
Cost Management Accounting and Control
ISBN: 978-0324559675
6th Edition
Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan
Posted Date:
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