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I need help ASAP! Parker Pottery produces a line of vases and a line of ceramic figurines. Each line uses the same equipment and labour;

I need help ASAP!

Parker Pottery produces a line of vases and a line of ceramic figurines. Each line uses the same equipment and labour; hence, there is no traceable fixed costs. Common fixed costs equal $17 400. Parkers accountant has begun to assess the profitability of the two lines and has gathered the following data for last year:

Vases

Figurines

Price

$40

$70

Variable costs

$30

$42

Number of units

1 200

400

The tax rate is 28%.

Calculate the weighted average contribution margin.


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Parker Pottery produces a line of vases and a line of ceramic figurines. Each line uses the same equipment and labour; hence, there is no traceable fixed costs. Common fixed costs equal $17 400. Parker's accountant has begun to assess the profitability of the two lines and has gathered the following data for last year: Vases Figurines Price $40 $70 Variable costs $30 $42 Number of units 1 200 400 The tax rate is 28%. Calculate the weighted average contribution margin

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