Question
X Company estimated the following for its three products, A, B, and C, for 2020: A B C Revenue $57,540 $24,888 $74,844 Total variable costs
X Company estimated the following for its three products, A, B, and C, for 2020:
| A | B | C | |
| Revenue | $57,540 | $24,888 | $74,844 |
| Total variable costs | 28,928 | 17,000 | 26,649 |
| Contribution margin | $28,613 | $7,888 | $48,195 |
Total fixed costs in 2020 were expected to be $17,400. What is the expected weighted average contribution margin rate in 2020?
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Contemporary Auditing Real Issues And Cases
Authors: Michael C. Knapp, Loreen Knapp
4th Edition
0324048610, 9780324048612
