Question
Scenario Media Wise sells a range of media products in package deals. The products sold within bundles are as follows. TV Stand Speaker Selling Price
Scenario
Media Wise sells a range of media products in package deals. The products sold within bundles are as follows.
| TV | Stand | Speaker |
Selling Price () | 400 | 50 | 40 |
Variable Cost () | 250 | 30 | 25 |
Package A consists of a TV and a stand and is sold for a discounted price of 420. Package B consists of a TV, a stand and two speakers and is sold for a discounted price of 480. Currently packages are sold in a ratio of 2 Package As for every 3 Package Bs and 600 packages are sold each month. Fixed costs are expected to be 82,000 for the month.
Question 1
Calculate the contribution per package for Package A and Package B
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