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Apple Inc. sells three types of products: iPhones, MacBooks, and iPads. The selling price and variable cost per unit for each product are as follows:

  1. Apple Inc. sells three types of products: iPhones, MacBooks, and iPads. The selling price and variable cost per unit for each product are as follows:

Product

Selling Price per Unit ($)

Variable Cost per Unit ($)

iPhone

$800

$500

MacBook

$1200

$800

iPad

$500

$300

  1. If the sales mix is 40% iPhones, 30% MacBooks, and 30% iPads, calculate the weighted average selling price and contribution margin per unit.

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