FINANCIAL ACCOUNTING
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ISBN: 9781259964947
Author: Libby
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![Required information
M6-17, M6-18, M6-19 (Algo) Analyzing Multiproduct CVP [LO 6-6]
[The following information applies to the questions displayed below.]
Edgewater Enterprises manufactures two products. Information follows:
Sales price
Variable cost per unit
Product mix
M6-17 [LO 6-6]
Product A
$ 12.50
$ 6.25
40%
Weighted average CM
Product B
$ 15.75
Required:
Calculate Edgewater's weighted-average contribution margin per unit.
Note: Round your intermediate calculations and final answer to 2 decimal places.
per unit
$6.95
60%](https://content.bartleby.com/qna-images/question/3612b6a1-e7ac-468a-9343-1ae8954f46cf/969c42c0-4213-4aba-9346-d338202882c0/w24ejtw_processed.jpeg)
Transcribed Image Text:Required information
M6-17, M6-18, M6-19 (Algo) Analyzing Multiproduct CVP [LO 6-6]
[The following information applies to the questions displayed below.]
Edgewater Enterprises manufactures two products. Information follows:
Sales price
Variable cost per unit
Product mix
M6-17 [LO 6-6]
Product A
$ 12.50
$ 6.25
40%
Weighted average CM
Product B
$ 15.75
Required:
Calculate Edgewater's weighted-average contribution margin per unit.
Note: Round your intermediate calculations and final answer to 2 decimal places.
per unit
$6.95
60%
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