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A product sells for $5, and has unit variable costs of $3. This product accounts for $20,000 in annual sales, out of the firm's total of $60,000. When performing multiproduct break-even analysis, what is the weighted contribution of this product?

Answer :

Answer:

0.1333

Explanation:

Given that,

Selling price = $5

Variable cost = $3

Annual sales = $20,000

Total sales = $60,000

Contribution margin:

= Selling price - Variable cost

= $5 - $3

= $2

Number of units sold:

= Annual sales ÷ Selling price

= $20,000 ÷ $5

= 4,000 units

Total contribution sales:

= Number of units sold × Contribution margin per unit

= 4,000 units × $2

= $8,000

Weighted contribution:

= Total contribution sales ÷ Total sales

= $8,000 ÷ $60,000

= 0.1333

The weighted average contribution margin is termed as the amount that is derived by the products and services at the fixed cost of the business. This is the base concept of the breakeven analysis.

The weighted contribution of this product is 0.1333

The Given information are:  

Selling price = $5

Variable cost = $3

Annual sales = $20,000

Total sales = $60,000

Contribution margin = Selling price - Variable cost

                                  = $5 - $3

                                    = $2

Number of units sold  = [tex]\frac{\text{Annual sales}}{\text{Selling price}}[/tex]

= [tex]\frac{\$20,000 }{\$5}[/tex]

= 4,000 units

Total contribution sales  = [tex]\text{Number of units sold} \times \text{Contribution margin per unit}= 4,000 units \times \$2= $8,000[/tex]

Weighted contribution = [tex]\frac{\text{Total contribution sales}}{\text{Total sales}} = \frac{$8,000}{$60,000} = 0.1333[/tex]

To know more about the weighted contribution of this product, refer to the link below:

https://brainly.com/question/13125265

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