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What is Pepe's contribution margin % per composite unit? O 75% O 25% O 70% O 33%

What is Pepe's contribution margin % per composite unit? O 75% O 25% O 70% O 33%

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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Pepe's Pizza parlor has the following product mix, selling prices, and variable costs. They have $116,100 in fixed costs. Product Mix 10 4 5 O 75% 25% O 70% Pepe's product profile Product 33% Pizza slice Pepe bread Soda What is Pepe's contribution margin % per composite unit? Sales Price $5 $3 $2 Variable Cost $1.50 $0.50 $0.20
Transcribed Image Text:Pepe's Pizza parlor has the following product mix, selling prices, and variable costs. They have $116,100 in fixed costs. Product Mix 10 4 5 O 75% 25% O 70% Pepe's product profile Product 33% Pizza slice Pepe bread Soda What is Pepe's contribution margin % per composite unit? Sales Price $5 $3 $2 Variable Cost $1.50 $0.50 $0.20
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