Question: Time left 1:50:38 Question 21 (15 marks) Surfking Pty Ltd manufactures and sells three styles of surfboards: Sleek, Chic and Groovy. Annual manufacturing fixed

Time left 1:50:38 Question 21 (15 marks) Surfking Pty Ltd manufactures andsells three styles of surfboards: Sleek, Chic and Groovy. Annual manufacturing fixedcosts are $990,000 and annual selling and administration fixed costs are $830,000.

Time left 1:50:38 Question 21 (15 marks) Surfking Pty Ltd manufactures and sells three styles of surfboards: Sleek, Chic and Groovy. Annual manufacturing fixed costs are $990,000 and annual selling and administration fixed costs are $830,000. Surfking Pty Ltd currently sell 10000 surfboards per annum. Sleek Chic Groovy Sales mix in units 25% 35% 40% Selling price $400 $750 $900 Variable costs $250 $550 $600 Please note that you do Not need to type $ or % symbols. 21a. Calculate the unit contribution margin for each product type. Round to whole numbers. (3 marks) Sleek Chic Answer $ 38 $ 70

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!