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Ahmed & Co. makes and sells two types of shoes, Plain and Fancy. Data concerning these products are as follows: PlainFancyUnit selling price$23.00$30.00Variable cost per
Ahmed & Co. makes and sells two types of shoes, Plain and Fancy. Data concerning these products are as follows:
PlainFancyUnit selling price$23.00$30.00Variable cost per unit11.0025.00
Sixty percent of the unit sales are Plain, and annual fixed expenses are $55,200.
The weighted-average unit contribution margin is:(Round intermediate calculations and final answer to 2 decimal places)
Multiple Choice
- $5.00.
- $9.20.
- $9.45.
- Incorrect
- $17.20.
- None of the answers is correct.
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