Multiple Choice
Pep Soda, a local convenience store, sells soft drinks. It sells two large drinks for every small drink. A large drink sells for $1.50 with a variable cost of $0.60. A small drink sells for $1.00 with a variable cost of $0.50. The weighted average contribution margin is: (Round your intermediate calculations and final answer to two decimal places)
A) $1.15 per drink.
B) $2.30 per drink.
C) $0.77 per drink.
D) $0.60 per drink.
Correct Answer:
Verified
Correct Answer:
Verified
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