Howard Company sells mountain bikes for $1,400 per unit representing 40 percent of total sales, and cruising bikes for $1,000 per unit representing 60 percent of total sales. Variable cost per unit is $600 for mountain bikes and $500 for cruising bikes. What is the weighted average contribution margin per unit?

Answer rating: 100% (QA)

Solution To calculate the weighted average contribution margin per unit we need to calculate the co... View the full answer