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Pharoah Company makes 2 products, sleep masks and sleep socks. Additional information follows: Units Sales Variable costs Fixed costs Net income Profit per unit Sleep
Pharoah Company makes 2 products, sleep masks and sleep socks. Additional information follows: Units Sales Variable costs Fixed costs Net income Profit per unit Sleep Masks Sleep Socks Sleep Masks $ 4,600 $ $78,000 41,982 14,858 $21,160 $4.60 Sleep Socks 3,100 $43,000 12,992 Compute the Contribution margin per unit. (Round answers to 2 decimal places, e.g. 15.25.) 15,004 $15,004 $4.84 Contribution margin per unit Pharoah has unlimited demand for both products. Therefore, which product should the company encourage its sales people to emphasize?
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