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X Company estimates the following for its only two products for 2020 - X and Y: X Y Unit sales Selling price Variable cost 6,750
X Company estimates the following for its only two products for 2020 - X and Y: X Y Unit sales Selling price Variable cost 6,750 $11.80 $6.40 580 $37.00 $28.50 Total fixed costs in 2020 are expected to be $16,200. What is the expected weighted average contribution margin rate in 2020 (rounded to two decimal places)? A: 0.10 | OB: 0.29 OC: 0.34 OD: 0.41 OE: 0.47 OF: 0.53
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