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Exercise 19-9 (Part Level Submission) Tiger Golf Accessories sells golf shoes, g

ID: 2413882 • Letter: E

Question

Exercise 19-9 (Part Level Submission) Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data Pairs of Shoes Pairs of Gloves Range- Finder $240 200 $40 $32 Unit sales price Unit variable costs Unit contribution margin Sales mix $105 $46 $21 38 % 42 % 20% Fixed costs are $699,720 ? (al) Your answer is correct Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.) Weighted-average unit contribution margin Click if you would like to Show Work for this question: Open Show Work 34.30 SHOW SOLUTION LINK TO TEXT Attempts: 1 of 7 used (a2) Compute the break-even point in units for the company Break-even point Click if you would like to Show Work for this question: units en Show Work Attempts: 0 of 7 usedSAVE FOR LATER SUBMIT ANSWER

Explanation / Answer

Weighted Average Contribution = 0.38*$46 + 0.42*$21 + 0.20*$40 = $34.30

.Break Even Point = Fixed Cost / Weighted Average Contribution Margin = $699,720 / $34.3 = 20,400 units

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