The following cost and revenue information pertains to the new CD: CD package and disc (direct material and labor): $2.50/CD Songwriters’ royalties: $0.70/CD Recording Artists’ royalties: $2.00/CD Advertising & promotion: $380,000 Sony Records Inc.’s Overhead: $300,000 Selling price of CD: $10.00 Question 1: What is the per unit gross marketing contribution? Group of answer choices a 48% b 52% c None of these d 35%
The following cost and revenue information pertains to the new CD:
CD package and disc (direct material and labor): $2.50/CD
Songwriters’ royalties: $0.70/CD
Recording Artists’ royalties: $2.00/CD
Advertising & promotion: $380,000
Sony Records Inc.’s
Selling price of CD: $10.00
Question 1: What is the per unit gross marketing contribution?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
