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X Company has the following budgeted information for its three products for 2021: Unit Sales Selling Price Variable Cost Product A 46,300 $10.80 $5.90 Product
X Company has the following budgeted information for its three products for 2021:
Unit Sales | Selling Price | Variable Cost | |
Product A | 46,300 | $10.80 | $5.90 |
Product B | 6,800 | 36.40 | 27.30 |
Product C | 22,000 | 22.00 | 8.10 |
Total | 75,100 |
Fixed costs in 2021 are expected to be $315,000.
What is the budgeted weighted average contribution margin in 2021 [rounded to two decimal places]?
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