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Ahmed & Co. makes and sells two types of shoes, Plain and Fancy. Data concerning these products are as follows: Plain Fancy Unit selling price
Ahmed & Co. makes and sells two types of shoes, Plain and Fancy. Data concerning these products are as follows: Plain Fancy Unit selling price $20.00 $31.00 Variable cost per unit 15.00 26.00 Sixty percent of the unit sales are Plain, and annual fixed expenses are $27,500. The weighted average unit contribution margin is (Round intermediate calculations and final answer to 2 decimal places) Multiple Choice 5.80 $5.00 $5.25 $13.00
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