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Lilac Industries sells two products. The sales mix of the product lines in terms of sales dollars is Basic 40% and Supreme 60%. The
Lilac Industries sells two products. The sales mix of the product lines in terms of sales dollars is Basic 40% and Supreme 60%. The contribution margin ratio of the Basic line is 40% and the contribution margin ratio of the Supreme line is 60% Lilac's monthly fixed costs are $1,248,000. What is Lilac's weighted-average contribution margin ratio? 50% 48% O 24% 52% Save for Later Submit Answer
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Payroll Accounting 2016
Authors: Jeanette Landin, Paulette Schirmer
2nd edition
978-1259821950, 1259821951, 1259572196, 978-1259572197
