Z Company has th following budgted information for its three products for 2021:

	Unit Sales	Selling Price	Variable Cost
Product A	37,500	$10.50	$6.30
Product B	7,700	34.10	26.50
Product C	19,000	20.50	9.40
Total	64,200

Fixd costs in 2021 are expcted to be $315,000.

What is the budgted weightd average contribution margin in 2021 [rounded to two dcimal places]?

1: $2.18

2: $3.16

3: $4.59

4: $6.65

5: $9.64

6: $13.98