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Calculate the contribution margin and sales mix

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Futurist Enterprises have secured a loan and intend to use some of the proceeds to introduce various aged items to their product range in 2021. They have provided the following information relating to its planned activities.

                                I year old           2 years old              3 years old

Sales mix                    40,000              40,000                    20,000

Selling price                $12                    $16                         $40

Variable cost/unit           10                     12                          20

Total fixed cost = $180,300

Question 1: Calculate the contribution margin, sales mix and weighted average contribution margin for each product. Also calculate the break-even point in total units and units per product based on the provided 2021 data.

Reference no: EM132479467

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