Homework Answers
answer: $15.00
Calculation:-
Given sales mix = 3:1:2
Contribution margin = Sale price - variable cost
So the contribution margin of
- M = 10 - 7 = $3
- N = 8 - 6 = $2
- O = 9 - 7 = $2
Now the composite contribution for current sales mix
= (3 * $3) + (1 * $2) + (2 * $2)
= 9 + 2 +4
= $15
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