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I will upvote if you answer quickly X Company has the following budgeted information for its three products for 2021: Unit Sales 46,700 7,000 19,600
I will upvote if you answer quickly
X Company has the following budgeted information for its three products for 2021: Unit Sales 46,700 7,000 19,600 73,300 Selling Price $10.20 36.10 Product A Product B Product C Total Variable Cost $6.10 28.40 9.60 20.80 Fixed costs in 2021 are expected to be $321,000. What is the budgeted weighted average contribution margin in 2021 [rounded to two decimal places]? A: $2.60 B: $3.25 OC: $4.06 OD: $5.07| OE: $6.34 OF: $7.92 X Company makes and sells a single product. Its budgeted profit equation for 2021 before taxes is P = 0.42R - $290,000, where R is total revenue. The company is not completely sure that the contribution margin rate will be 0.42 in 2021. Assuming that total revenue will be $1,263,000 in 2021, and the tax rate will be 25%, what must the contribution margin rate be in order for X Company to earn $30,000 after taxes (rounded to two decimal places]? OA: 0.20 OB: 0.23|OC: 0.26| OD: 0.30 OE: 0.33 OF: 0.38Step by Step Solution
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