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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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