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Time left 1:58:38 Question 3 Company XYZ produces and sells two types of calculators: Basic and Scientific. The Basic has a lower selling price per

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Time left 1:58:38 Question 3 Company XYZ produces and sells two types of calculators: Basic and Scientific. The Basic has a lower selling price per unit compared to the Scientific. However, the Basic has a higher contribution margin compared to the Scientific. Due to fixed production capacity, the company has a cap on total production ability. If the company's CEO has decided to shift the sales mix towards producing more Basic calculators. What would be the effect on total profits? Not yet answered Marked out of 0.60 Flag question O a. Total profits would remain the same Ob. None of the given answers Oc Total profits would decrease O d. Cannot be determined using the above information @e. Total profits would increase Question 4 Mazoon Company has information on its revenue and costs is as follows: Selling price per unit $120; Variable costs per unit includes: Direct material $16, Direct manufacturing labor $8, Manufacturing overhead $8, and Selling costs $10; Annual fixed costs $60,000. What is the contribution margin percentage? Not yet answered Marked out of 1.00 Flag question a. None of the given answers O b. 65% c. 35% d. 73.3% TTVENO

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