Multiple Choice
Geneva Bottled Water Co.is assembling a weighted average contribution margin chart to better analyze differences between sales on 36 oz.and the 20 oz.bottled water.The sales price per unit of the 36 oz.bottled water is $3.79 while the sales price per unit of the 20 oz.bottled water is $1.19.The contribution margin per unit for the 36 oz.bottle is $1.35 and the contribution margin of the 20 oz.bottle is $0.28.The 20 oz.bottle outsells the 36 oz.bottle by a 5:1 relationship.
What is the weighted average contribution margin per unit on these two products?
A) $2.75
B) $1.30
C) $0.46
D) $1.45
Correct Answer:
Verified
Correct Answer:
Verified
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