Edgewater Enterprises manufactures two products. Information follows: Product A Product B Sales price Variable cost per unit $ 12.00 $ 6.20 $ 15.25 $ 6.90 Product mix 30% 70% 6-17 [LO 6-6] quired: culate Edgewater's weighted-average contribution margin per unit. te: Round your intermediate calculations and final answer to 2 decimal places.
Edgewater Enterprises manufactures two products. Information follows: Product A Product B Sales price Variable cost per unit $ 12.00 $ 6.20 $ 15.25 $ 6.90 Product mix 30% 70% 6-17 [LO 6-6] quired: culate Edgewater's weighted-average contribution margin per unit. te: Round your intermediate calculations and final answer to 2 decimal places.
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter7: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 46E: Lotts Company produces and sells one product. The selling price is 10, and the unit variable cost is...
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Question
![Edgewater Enterprises manufactures two products. Information follows:
Product A
Product B
Sales price
$ 12.00
$ 15.25
Variable cost per unit
$ 6.20
$ 6.90
Product mix
30%
70%
M6-17 [LO 6-6]
es
Required:
Calculate Edgewater's weighted-average contribution margin per unit.
Note: Round your intermediate calculations and final answer to 2 decimal places.
Weighted average CM
per unit](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff7880fee-1c56-468e-ac86-a9c626dffba9%2Fe7b47cdd-2410-416e-ad78-b336d98cf817%2Fcad1li_processed.png&w=3840&q=75)
Transcribed Image Text:Edgewater Enterprises manufactures two products. Information follows:
Product A
Product B
Sales price
$ 12.00
$ 15.25
Variable cost per unit
$ 6.20
$ 6.90
Product mix
30%
70%
M6-17 [LO 6-6]
es
Required:
Calculate Edgewater's weighted-average contribution margin per unit.
Note: Round your intermediate calculations and final answer to 2 decimal places.
Weighted average CM
per unit
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