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Sheridan Corporation sells three different models of a mosquito "zapper." Model A12 sells for $57 and has unit variable costs of $40. Model B22 sells for $114 and has unit variable costs of $80. Model C124 sells for $456 and has unit variable costs of $342. The sales mix(as a percentage of total units) of the three models is A12, 60% ; B22, 15% ; and C124, 25%. What is the weighted-average unit contribution margin? (Round answer to 2 decimal places, e.g. 15.50.) Weighted-Average Unit Contribution Margin $

Sheridan Corporation sells three different models of a mosquito "zapper." Model A12 sells for $57 and has unit variable costs of $40. Model B22 sells for $114 and has unit variable costs of $80. Model C124 sells for $456 and has unit variable costs of $342. The sales mix(as a percentage of total units) of the three models is A12, 60% ; B22, 15% ; and C124, 25%. What is the weighted-average unit contribution margin? (Round answer to 2 decimal places, e.g. 15.50.) Weighted-Average Unit Contribution Margin $

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Sheridan Corporation sells three different models of a mosquito "zapper." Model A12 sells for $57 and has unit variable costs of $40. Model B22 sells for $114 and has unit variable costs of $80. Model C124 sells for $456 and has unit variable costs of $342. The sales mix(as a percentage of total units) of the three models is A12, 60%; B22, 15%; and C124, 25%. What is the weighted-average unit contribution margin? (Round answer to 2 decimal places, e.g. 15.50.) Weighted-Average Unit Contribution Margin $
Transcribed Image Text:Sheridan Corporation sells three different models of a mosquito "zapper." Model A12 sells for $57 and has unit variable costs of $40. Model B22 sells for $114 and has unit variable costs of $80. Model C124 sells for $456 and has unit variable costs of $342. The sales mix(as a percentage of total units) of the three models is A12, 60%; B22, 15%; and C124, 25%. What is the weighted-average unit contribution margin? (Round answer to 2 decimal places, e.g. 15.50.) Weighted-Average Unit Contribution Margin $
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