A retail company operates two stores, Store A and Store B. The company provides the following information
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Question:
A retail company operates two stores, Store A and Store B. The company provides the following information for the month of January:
Store A:
- Sales revenue: $50,000
- Variable costs: $20,000
- Fixed costs: $10,000
Store B:
- Sales revenue: $80,000
- Variable costs: $30,000
- Fixed costs: $15,000
Calculate the following:
a) The contribution margin for each store for the month of January.
b) The weighted average contribution margin for the company for the month of January.
Related Book For
Statistics For Business Decision Making And Analysis
ISBN: 9780321890269
2nd Edition
Authors: Robert Stine, Dean Foster
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