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Darth Company sells three products. Sales and contribution margin ratios for the three products follow: Product X Product Y Product Z Sales in dollars $22,000
Darth Company sells three products. Sales and contribution margin ratios for the three products follow:
Product X | Product Y | Product Z | |
Sales in dollars | $22,000 | $42,000 | $102,000 |
Contribution margin ratio | 36% | 31% | 6% |
Given these data, the contribution margin ratio for the company as a whole would be: (Round your intermediate calculations to 2 decimal places. Round your answer to whole percentage.) |
16%
it is impossible to determine from the data given.
24%
34%
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