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Kennedy Co. sells two products, Arks and Bins. Last year, Kennedy sold 32,000 units of Arks and 18,000 units of Bins. Related data are: Unit
Kennedy Co. sells two products, Arks and Bins. Last year, Kennedy sold 32,000 units of Arks and 18,000 units of Bins. Related data are:
Unit Selling | Unit Variable | Unit Contribution | ||||
Product | Price | Cost | Margin | |||
Arks | $80 | $20 | $60 | |||
Bins | 120 | 40 | 80 | |||
Use the above given data to solve the following questions: Refer to the information provided for Kennedy Co. What was Kennedys sales mix last year?
40% Arks, 60% Bins | ||
43% Arks, 57% Bins | ||
54% Arks, 46% Bins | ||
64% Arks, 36% Bins |
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