Darth Company sells three products. Sales and contribution margin ratios for the three products follow: Product X
Fantastic news! We've Found the answer you've been seeking!
Question:
Darth Company sells three products. Sales and contribution margin ratios for the three products follow:
| Product X | Product Y | Product Z |
Sales in dollars | $24,000 | $44,000 | $104,000 |
Contribution margin ratio | 38% | 33% | 8% |
Given these data, what would be the contribution margin ratio for the company as a whole?
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Posted Date: