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Caliban Ltd provides the following data regarding its four product lines: Product A B C D Selling price ($) 10 35 55 94 Variable costs
Caliban Ltd provides the following data regarding its four product lines:
Product | A | B | C | D |
Selling price ($) | 10 | 35 | 55 | 94 |
Variable costs per unit ($) | 3 | 16 | 29 | 62 |
Sales mix | 60 | 20 | 15 | 5 |
Calculate, to two decimal places, the weighted average contribution margin per unit (WACMU).
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