2 parts for one question
- contribution margin % = 24% if unit selling price is $158 what is variable cost per unit? round your final answer to the nearest whole dollar. do not round any intermediate calculations.
- Suppose that a firm makes two products, A and B. The sales mix in units for the period is 70% for A and 30% for B. If the unit contribution margin for A is $8.6 and the unit contribution margin for B is $5.71, then the weighted-averege unit contribution margin is: (input your answer using two decimal places. Do not use commas or dollar signs)
(Hint: If you are lost on this one, look at example #9 in the example packet)