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PQR Ltd. sells two products, X and Y, with the following information for the year ended December 31, 2023: Product Units Sold Sales Price per
- PQR Ltd. sells two products, X and Y, with the following information for the year ended December 31, 2023:
Product | Units Sold | Sales Price per Unit ($) | Variable Cost per Unit ($) |
X | 1,000 | 120 | 80 |
Y | 2,000 | 60 | 40 |
- Required:
- Calculate the total sales revenue for PQR Ltd.
- Determine the sales mix percentage.
- Calculate the overall contribution margin ratio.
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College Accounting Chapters 1-30
Authors: John Price, M. David Haddock, Michael Farina
14th edition
978-1259284861, 1259284867, 77862392, 978-0077862398
