Lindstrom Company produces two fountain pen models. Information about its products follows:
|Product A||Product B|
|Less: Variable costs||52,000||50,000|
|Total units sold||5,000||5,000|
Lindstrom’s fixed costs total $83,500.
1. Determine Lindstrom’s weighted-average unit contribution margin and weighted-average contribution margin ratio. (Round your weighted-average CM to 2 decimal places and Weighted-Average CM Ratio to 1 decimal place (i.e. .123 should be entered as 12.3%)).
2.Calculate Lindstrom’s break-even point in units and in sales revenue. (Round your intermediate values to one decimal places. Round your "Sales Revenue" answer to 2 decimal places and "Sales Units" answer to the nearest whole number.)
3.Calculate the number of units that Lindstrom must sell to earn a $110,000 profit. (Round your answer to the nearest whole number.)
4.Calculate Lindstrom’s margin of safety and margin of safety as a percentage of sales if it sells 9,000 total pens. (Round your margin of safety in units to the nearest whole number and your percentage of sales answer to 2 decimal places (i.e. .1234 should be entered as 12.34%))
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