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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: Product
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: Product Unit Selling Price Unit Variable Cost Unit Contribution Margin Arks $ 80 $20 $60 Bins 120 40 80 What was Kennedy's sales mix last year? a. 43% Arks, 57% Bins b. 64% Arks, 36% Bins c. 40% Arks, 60% Bins d. 54% Arks, 46% Bins
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