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Required: Complete the following table: Note: Round your answers to 2 decimal places. Product A Unit Contribution Margin $ Product B Unit Contribution Margin 10.00 $ 2.00 16.10 46.70 Product Mix 7.00 40/60 4.60 70/30 13.00 50/50 56.10 65/35 Weighted- Average Contribution Margin

Required: Complete the following table: Note: Round your answers to 2 decimal places. Product A Unit Contribution Margin $ Product B Unit Contribution Margin 10.00 $ 2.00 16.10 46.70 Product Mix 7.00 40/60 4.60 70/30 13.00 50/50 56.10 65/35 Weighted- Average Contribution Margin

FINANCIAL ACCOUNTING
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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Need help with weighted aver. cont. margin and if you can list the formula as well.

 

 
 
**Required:** Complete the following table: **Note:** Round your answers to 2 decimal places. | Product A Unit Contribution Margin | Product B Unit Contribution Margin | Product Mix | Weighted-Average Contribution Margin | |--------------------------------------|--------------------------------------|----------------|----------------------------------------| | $10.00 | $7.00 | 40/60 | | | $2.00 | $4.60 | 70/30 | | | $16.10 | $13.00 | 50/50 | | | $46.70 | $56.10 | 65/35 | | **Table Explanation:** The table is designed to calculate the Weighted-Average Contribution Margin based on different product mixes between Product A and Product B. The Unit Contribution Margins for each product are provided, along with various product mix ratios. The task requires using these mixes to compute the weighted average for each scenario. The answers should be rounded to two decimal places.
Transcribed Image Text:**Required:** Complete the following table: **Note:** Round your answers to 2 decimal places. | Product A Unit Contribution Margin | Product B Unit Contribution Margin | Product Mix | Weighted-Average Contribution Margin | |--------------------------------------|--------------------------------------|----------------|----------------------------------------| | $10.00 | $7.00 | 40/60 | | | $2.00 | $4.60 | 70/30 | | | $16.10 | $13.00 | 50/50 | | | $46.70 | $56.10 | 65/35 | | **Table Explanation:** The table is designed to calculate the Weighted-Average Contribution Margin based on different product mixes between Product A and Product B. The Unit Contribution Margins for each product are provided, along with various product mix ratios. The task requires using these mixes to compute the weighted average for each scenario. The answers should be rounded to two decimal places.
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