Cullumber Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Sales mix is determined based upon total units sold. Pairs of Pairs of Range- Shoes Gloves Finder Unit selling price $104 $29 $245 Unit variable costs 60 10 204 Unit contribution margin $44 $19 $41 Sales mix 36 % 45 % 19 % Fixed costs are $659,690. (a1) Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.) Weighted-average unit contribution margin $
Cullumber Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Sales mix is determined based upon total units sold. Pairs of Pairs of Range- Shoes Gloves Finder Unit selling price $104 $29 $245 Unit variable costs 60 10 204 Unit contribution margin $44 $19 $41 Sales mix 36 % 45 % 19 % Fixed costs are $659,690. (a1) Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.) Weighted-average unit contribution margin $
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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