Swifty sells books, movies, and magazines to a wide customer base. In a typical month, about...
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Swifty sells books, movies, and magazines to a wide customer base. In a typical month, about 40% of its sales volume is from books, 40% from movies, and 20% from magazines. The selling price and cost information for each of these product categories is as follows. Selling price Variable cost/unit Books $10 3 (a) Movies $14 9 Magazines In addition, Swifty incurs facility and administrative costs that average $30,240 per month. $6 2 Find the weighted-average contribution margin per unit for this company. (Round answer to 2 decimal places, e.g. 15.25.) Weighted-average contribution margin $ per unit Swifty sells books, movies, and magazines to a wide customer base. In a typical month, about 40% of its sales volume is from books, 40% from movies, and 20% from magazines. The selling price and cost information for each of these product categories is as follows. Selling price Variable cost/unit Books $10 3 (a) Movies $14 9 Magazines In addition, Swifty incurs facility and administrative costs that average $30,240 per month. $6 2 Find the weighted-average contribution margin per unit for this company. (Round answer to 2 decimal places, e.g. 15.25.) Weighted-average contribution margin $ per unit
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Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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