Question
Johnny Shop produces three products. Cost, price and volume data is shown below. Total fixed costs: $4894 Tax Rate: 30% Product X Product Y Product
Johnny Shop produces three products. Cost, price and volume data is shown below.
- Total fixed costs: $4894
- Tax Rate: 30%
Product X | Product Y | Product Z | |
Normal volume | 254 | 233 | 277 |
Price per unit | $3.8 | $4.8 | $4.6 |
Variable cost per unit | $1.3 | $2.4 | $1.7 |
Compute the weighted average contribution margin for Johnny shop and enter the amount (in 2 decimal places) in the answer space below
Answer:
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Accounting for Governmental and Nonprofit Entities
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
15th Edition
978-0256168723, 77388720, 256168725, 9780077388720, 978-007337960
