Question: QUESTION 23 Use this information for Rusty Co. to answer the questions that follow. Rusty Co. sells two products, X and Y. Last year, Rusty

QUESTION 23

  1. Use this information for Rusty Co. to answer the questions that follow.

    Rusty Co. sells two products, X and Y. Last year, Rusty sold 5,000 units of X and 35,000 units of Y. Related data are as follows:

    Unit Selling Price

    Unit Variable

    Unit Contribution

    Product

    Price

    Cost

    Margin

    X

    $110

    $70

    $40

    Y

    70

    50

    20

    What was the unit contribution margin of Rustys one overall enterprise product, E? Do not round interim computations.

    a.

    $22.50
    b.

    $20.00
    c.

    $60.00
    d.

    $40.00

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