1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ArbitrLikvidat [17]
3 years ago
13

A company currently sells products Aye, Bee, and Cee in equal quantities and at the same selling price per unit. The contributio

n margin ratio for product Aye is 40%, for product Bee is 50%, and the overall contribution margin ratio for the company is 48%. Suppose that the sales mix changes to 40% Aye, 25% Bee, and 35% Cee, what would be the new overall contribution margin ratio for the company?
Business
1 answer:
iogann1982 [59]3 years ago
6 0

Answer:

new weighted contribution margin = 47.4%

Explanation:

(0.4A + 0.5B + XC) / 3 = 0.48

0.4A + 0.5B + XC = 0.48 x 3 = 1.44

since A, B and C all have the same selling price and all sell the same amount of goods, then contribution margin for C = 1.44 - 0.4 - 0.5 = 0.54

if the new sales mix changes to 40% Aye, 25% Bee, and 35% Cee, then the new weighted contribution margin = (0.4 x 0.4) + (0.25 x 0.5) + (0.35 x 0.54) = 0.474 = 47.4%

You might be interested in
Investment companies or mutual funds that continue to sell and repurchase shares after their initial public offerings are referr
Furkat [3]

Answer:

Open end

Explanation:

Open end otherwise known as mutual fund are those investments offered through fund companies which sells shares directly to investors. In an open end fund investment, there is no limit to the number of shares that can be offered therein. The shares traded are unlimited which means that shares can be issued in as much can be backed up with funds.

The prices for open end funds are fixed once daily which shows the performance of the investment for that day hence the only price at which investment shares can be bought for that day.

5 0
3 years ago
The economizing problem is essentially one of deciding how to make the best use of Group of answer choices limited resources to
IceJOKER [234]

Answer:

limited resources to satisfy virtually unlimited wants.

Explanation:

The economic issue is basically that of determining whether to allow the most use of finite capital to meet limitless human needs.

Person has limitless wishes, which are seldom fulfilled, in economics studies involve how to offer greater pleasure with limited resources or how to allow effective use of limited resources.

5 0
3 years ago
When you purchase an turn in a store, you may be charged with
bearhunter [10]
Don't know what you're trying to say but all that popped in my head was tax
4 0
3 years ago
Read 2 more answers
HOW DOES GOVERNMENT PAVING ROADS AFFECT GDP<br> ?
ruslelena [56]
It effects how money is moved around the united states. They will hire more companies, such as contractors. Those contractors will hire other companies to do said work, they companies will hire workers. However it creates more jobs, and more government spending. 
7 0
3 years ago
How can someone make money legitimately from their phone?​
zloy xaker [14]

Answer:

by selling items on ebay

Explanation:

6 0
2 years ago
Read 2 more answers
Other questions:
  • Marianne manages a landscaping company. She supervises 19 people who perform relatively routine jobs that require minimal traini
    15·1 answer
  • Bradley, an executive chef in a large hotel, recently attended a training conference sponsored by several top professionals in h
    6·1 answer
  • Another reason fueling the boom in fast-growing technology services is _____, which, when done right, can virally spread awarene
    15·1 answer
  • Camilo and Isa have three children all under the age of ten. The two youngest children, who are three and five years old, attend
    7·1 answer
  • The following information is available on a depreciable asset owned by Mutual Savings Bank: Purchase date July 1, Year 1 Purchas
    13·1 answer
  • An organization with a(n) _____ structure operates much like a multinational corporation, but subsidiaries depend on headquarter
    12·1 answer
  • A _________________ form is a document that is used to ensure that employees are aware of the fact that their use of company equ
    13·1 answer
  • What is your evaluation of VF’s third-way sourcing strategy?
    15·1 answer
  • The market for fertilizer is perfectly competitive. Firms in the market are producing output but are currently making economic l
    6·1 answer
  • Marigold Corp. bought a machine on January 1, 2011 for $806000. The machine had an expected life of 20 years and was expected to
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!