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Phipps Co. sells two products, Arks and Bins. Last year, Phipps sold 28,000 units of Arks and 22,000 units of Bins. Related data are: Unit

Phipps Co. sells two products, Arks and Bins. Last year, Phipps sold 28,000 units of Arks and 22,000 units of Bins. Related data are: Unit Selling Unit Variable Unit Contribution Product Price Cost Margin Arks $80 $20 $60 Bins 120 40 $80 Assuming that last year

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