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Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Pairs of Shoes
Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data.
Pairs of Shoes | Pairs of Gloves | Range-Finder | |
Unit sales price | $105 | $31 | $244 |
Unit variable costs | 59 | 13 | 205 |
Unit contribution margin | $46 | $18 | $39 |
Sales mix | 40% | 43% | 17% |
Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.)
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