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Weighted average contribution margin

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Jamal & Co. makes and sells two types of shoes, Plain and Fancy. Data concerning these products are as follows:

Plain Fancy
Unit selling price $19.00 $32.00
Variable cost per unit 12.00 23.00

Sixty percent of the unit sales are Plain, and annual fixed expenses are $46,800.

The weighted-average unit contribution margin is:

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Solution Preview

Jamal & Co. makes and sells two types of shoes, Plain and Fancy. Data concerning these products are as follows:

Plain Fancy
Unit selling ...

Solution Summary

Solution helps in computing weighted average contribution margin

$2.19