Question
Sandman Company makes 2 products, sleep masks and sleep socks. Additional information follows: {:[ Sleep ],[ Masks ]:} {:[ Sleep ],[ Socks ]:} Units 4,000
Sandman Company makes 2 products, sleep masks and sleep socks. Additional information follows: {:[" Sleep "],[" Masks "]:} {:[" Sleep "],[" Socks "]:} Units 4,000 2,500 Sales $60,000 $25,000 Variable costs 36,000 7,000 Fixed costs 9,000 9,000 Net income $15,000 $9,000 Profit per unit $3.75 $3.60 Compute the Contribution margin per unit. (Round answers to 2 decimal places, e.g. 15.25.) {:[," Contribution margin per unit "],[" Sleep Masks ",$],[" Sleep Socks ",$]:} Sandman has unlimited demand for both products. Therefore, which product should the company encourage its sales people to emphasize?
Sandman Company makes 2 products, sleep masks and sleep socks. Additional information follows: Compute the Contribution margin per unit. (Round answers to 2 decimal places, e.g. 15.25.) Sandman has unlimited demand for both products. Therefore, which product should the company encourage its sales people to emphasizeStep by Step Solution
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