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Questions

BACC011 Week 8: Practice Quiz

Short answer

Using the information below, calculate the weighted average contribution margin. Round your answer to two decimal places.     Product A Product B Contribution margin $69 $34 Sales mix 40% 60% Fixed costs $30 000    

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Step-by-Step Analysis
To start, I will identify the data given and what is being asked: we need the weighted average contribution margin based on the sales mix. First, mul......Login to view full explanation

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