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Coca-Cola Company produces three types of beverages: Coke, Sprite, and Fanta. The selling price and variable cost per unit for each product are as follows:
Coca-Cola Company produces three types of beverages: Coke, Sprite, and Fanta. The selling price and variable cost per unit for each product are as follows:
Product | Selling Price per Unit | Variable Cost per Unit |
Coke | $1.50 | $0.60 |
Sprite | $1.20 | $0.50 |
Fanta | $1.00 | $0.40 |
If the sales mix is 40% Coke, 30% Sprite, and 30% Fanta, calculate the weighted average selling price and contribution margin per unit.
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