Larry Company makes and sells 2 models of dishwashers, Model ABC and Model XYZ. For every 2 Model ABC sold, 3 Model XYZ are sold. The following information is also provided: Model ABC $520 $250 $270 OA. $430 OB. $366 OC. $270 O D. $540 Model XYZ $730 $300 $430 Sales per unit Variable Cost per unit CM per unit What is the weighted average contribution margin?
Larry Company makes and sells 2 models of dishwashers, Model ABC and Model XYZ. For every 2 Model ABC sold, 3 Model XYZ are sold. The following information is also provided: Model ABC $520 $250 $270 OA. $430 OB. $366 OC. $270 O D. $540 Model XYZ $730 $300 $430 Sales per unit Variable Cost per unit CM per unit What is the weighted average contribution margin?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Larry Company makes and sells 2 models of dishwashers, Model ABC and Model XYZ. For every 2 Model ABC sold, 3
Model XYZ are sold. The following information is also provided:
Model ABC
$520
$250
$270
A. $430
B. $366
C. $270
O D. $540
Model XYZ
$730
$300
$430
Sales per unit
Variable Cost per unit
CM per unit
What is the weighted average contribution margin?
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