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Company XYZ makes widgets that cost them $6.03 to manufacture, package, and distribute to their retailers. The marketing manager has discovered a way to reduce

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Company XYZ makes widgets that cost them $6.03 to manufacture, package, and distribute to their retailers. The marketing manager has discovered a way to reduce packaging by $0.45 per unit saving the environment and the company money. The company use a cost-based pricing system. Their margin goal is 25%, and their current selling price is $8.04 and contribution margin is $2.01 What will their new contribution margin be at the new price? O A. $1.56 OB. $2.01 OC. $1.86 OD. $1.01 O E. $2.43

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