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A company has two products, A and B. The current sales mix is 20% Product A and 80% Product B. Product A has a contribution
A company has two products, A and B. The current sales mix is 20% Product A and 80% Product B. Product A has a contribution margin ratio of 50% and Product B has a contribution margin ratio of 30%. Based on this information, which of the following statements are true? Select ALL that apply. The weighted average contribution margin ratio will be between 20% and 80%. The weighted average contribution margin ratio will be between 30% and 50%. The weighted average contribution margin ratio will be closer to 80% than 20%. The wieghted average contribution margin ratio will be closer to 30% than 50%
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