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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:
- 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 |
- 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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