Question: Using the information provided below for a company that produces and sells three products and allocates fixed costs based on sales revenue, calculate unit contribution,
Using the information provided below for a company that produces and sells three products and allocates fixed costs based on sales revenue, calculate unit contribution, breakeven sales units, breakeven price, and breakeven revenue for reach product. Please upload your response as an Excel format file. Crimson Medical Solutions, Inc. Selected Financial Information & Income Statement For the Year Ending December 31, 2020 Product A Product B Price: $750.00 $500.00Gross Sales $1,000,000.00 Variable Cost: $525.00 $325.00Less: Costs of goods sold $599,375.00 Allocated portion of fixed costs: $15,469.00 $62,188.00Gross Profits $400,625.00 Units sold: 165 995Less: Fixed costs $125,000.00 Net Income $275,625.00
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