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Winters Company sells three products. Sales and contribution margin ratios for the three products follow: Product A Product B Product C Sales in dollars $
Winters Company sells three products. Sales and contribution margin ratios for the three products follow:
Product A | Product B | Product C | |||||||||
Sales in dollars | $ | 33,000 | $ | 53,000 | $ | 113,000 | |||||
Contribution margin ratio | 48 | % | 50 | % | 52 | % | |||||
Given these data, the contribution margin ratio for the company as a whole would be:
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