Fast Rite Ltd. manufactures a variety of stationery but its most popular product is its pen. Three varieties of pens to suit the need of its users.
The details of the pens are given in the table below.
Variety |
Classic Gel Pen |
Executive Ball Pen |
Four-in-one Ball Pen |
Selling Price per unit (in rupees) |
15 |
21 |
36 |
Variable cost per unit (in Rupees) |
9 |
14 |
19 |
Sales Mix |
20% |
20% |
60% |
The total fixed cost is Rs. 2,56,000.
Calculate the following from the information given above.
i. Total weighted average contribution margin
ii. Breakeven Quantity for each variety
iii. Break even (in Rupees) for Four-in-one Ball Pen