Question
The following information is for the Jeffries Corporation: Product A: Revenue$16.00 Variable Cost$12.00 Product B: Revenue$24.00 Variable Cost$16.00 Total Fixed Costs $75,000 Assume the sales
The following information is for the Jeffries Corporation:
Product A: Revenue$16.00
Variable Cost$12.00
Product B:
Revenue$24.00
Variable Cost$16.00
Total Fixed Costs $75,000
Assume the sales mix consists of 3 units of Product A and one unit of Product B.If the sales mix shifts to 4 units of Product A and one unit of Product B, than the company's total contribution margin ratio will _____.
A. cannot be determined from the information given.
B. increase
C. decrease.
D. stay the same.
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Financial & Managerial Accounting
Authors: Carl Warren
12th Edition
1285534646, 978-1133952428
