Question
X Company has the following budgeted information for its three products for 2021: Unit Sales Selling Price Variable Cost Product A 53,500 $10.60 $5.20 Product
X Company has the following budgeted information for its three products for 2021:
| Unit Sales | Selling Price | Variable Cost | |
| Product A | 53,500 | $10.60 | $5.20 |
| Product B | 7,700 | 33.00 | 25.30 |
| Product C | 18,900 | 19.90 | 8.10 |
| Total | 80,100 |
Fixed costs in 2021 are expected to be $321,000.
What is the budgeted weighted average contribution margin in 2021 [rounded to two decimal places]?
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Advances In Quantitative Analysis Of Finance And Accounting - New Series (Vol. 2)
Authors: Lee Cheng Few
1st Edition
9812561641, 9789812561640
