Short Answer Question 2 - Cost Volume Profit (10 marks) Answer the questions in the space below where Required Sales Mix Jackets 1 Shorts 6 Selling Price - Jackets 45.00 Selling Price - Shorts 50 00 Variable Cost - Jackets 13.00 Variable Cost - Shorts 39.00 Target After-Tax Income 938,000 Tax rate 33.0% Fixed Costs 1,450,000 The company makes and sells two products as shown above Required: A What is the weighted average contribution margin per unit? (2 marks) . What is the weighted average contribution margin ratio? (2 marks) C What is the breakeven point in total units, and by product type? (3 marks) D How many units, in total, and by product type, would need to be sold to achieve the Target After-Tax net Income shown? (3 marks) This template below is provided in case you wish to use it. You do not have to use it. You can change it or even delete it if you prefer CM product 1 CM product 2 Weighted CM per unit B Weighted average CM ratio C Weighted CM per unit BE point in total units BE units product 1 BE units product 2 D Weighted CM per unit Total units Units product 1 Units product 2