What is the total contribution margin for 1 ) Product YY for east and west2 ) West region for XX and XY.Read the question clearly before answering , last answer is wrong. EastWestSales volume (units):Product XX6,5006,800Product YY3,0005,000Sales price:Product XX$17$16Product YY$22$23Variable cost per unit:Product XX$10$10Product YY$13$13

The contribution margin is calculated by subtracting the product's price from any related variable…

Answered: East West Sales volume (units): Product…

East West Sales volume (units): Product XX 6,500 6,800 Product YY 3,000 5,000 Sales price: Product XX $17 $16 Product YY $22 $23 Variable cost per unit: Product XX $10 $10 Product YY $13 $13

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.

Question

What is the total contribution margin for

1 ) Product YY for east and west

2 ) West region for XX and XY.

Read the question clearly before answering , last answer is wrong.

East
West
Sales volume (units):
Product XX
6,500
6,800
Product YY
3,000
5,000
Sales price:
Product XX
$17
$16
Product YY
$22
$23
Variable cost per unit:
Product XX
$10
$10
Product YY
$13
$13

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