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X Company estimates the following for its only two products for 2020 - A and B: A B Unit sales 6,350 680 Selling price $10.90
X Company estimates the following for its only two products for 2020 - A and B:
A | B | |
Unit sales | 6,350 | 680 |
Selling price | $10.90 | $33.70 |
Variable cost | $5.80 | $25.10 |
Total fixed costs in 2020 are expected to be $16,800. What is the expected weighted average contribution margin RATE in 2020 (rounded to two decimal places)?
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