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Pina Colada Industries sells three different sets of sportswear. Sleek sells for $ 42 and has unit variable costs of $ 26; Smooth sells for
Pina Colada Industries sells three different sets of sportswear. Sleek sells for $ 42 and has unit variable costs of $ 26; Smooth sells for $ 62 and has unit variable costs of $ 32; Potent sells for $ 72 and has unit variable costs of $ 52. The sales mix of the three sets is: Sleek, 50%; Smooth, 30%; and Potent, 20%.
- What is the weighted-average unit contribution margin?
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