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8. Fred Condiments Company manufactures jam and ketchup. Price and cost data for the both the products follow: Sale Price Variable manufacturing costs Sale commission
8. Fred Condiments Company manufactures jam and ketchup. Price and cost data for the both the products follow: Sale Price Variable manufacturing costs Sale commission (10%) Jam $20 12 2 Ketchup $42 20 4.20 Fred has 3 sales representatives: Sold John Carter Gina Robb Robin Gould am 2,000 2,520 2,300 Ketchup 750 650 900 Calculate the total contribution margin and the contribution margin ratio for each sales representative. Round of to two decimal places
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