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MC Qu. 142 Madison Corporation sells three products... Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and
MC Qu. 142 Madison Corporation sells three products...
Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are:
M | N | O | ||||||
Unit sales price | $ | 9 | $ | 5 | $ | 8 | ||
Unit variable costs | 3 | 2 | 6 | |||||
Total fixed costs are $375,000. The selling price per composite unit for the current sales mix (rounded to the nearest cent) is:
Multiple Choice
$22.00.
$ 7.33.
$26.00.
$48.00.
$32.00.
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