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On September 1, the following actual operating results for August were reported Sales Variable Costs Contribution Margin Fixed costs Operating Income Units Sold Product X
On September 1, the following actual operating results for August were reported Sales Variable Costs Contribution Margin Fixed costs Operating Income Units Sold Product X $360,000 195,000 $165,000 50,000 $115,000 3,000 Product Y $540,000 216,000 $324,000 108,000 $216,000 9,000 Total $900,000 411,000 $489,000 158,000 $331,000 30:18 Total industry volume for both products X and Y was estimated to be 130,000 units at the time of the budget. Actual industry volume for the period for products X and Y was 100,000 units The weighted average budgeted contribution margin per unit is. Multiple Choice o $19.95. o $35.50 o $40.00 o $77.50 o On September 1, the following actual operating results for August were reported Sales Variable Costs Contribution Margin Fixed costs Operating Income Units Sold Product X $360,000 195,000 $165,000 50,000 $115,000 3,000 Product Y $540,000 216,000 $324,000 108,000 $216,000 9,000 Total $900,000 411,000 $489,000 158,000 $331,000 30:18 Total industry volume for both products X and Y was estimated to be 130,000 units at the time of the budget. Actual industry volume for the period for products X and Y was 100,000 units The weighted average budgeted contribution margin per unit is. Multiple Choice o $19.95. o $35.50 o $40.00 o $77.50 o
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