Solved

Winters Company Sells Three Products Given These Data, the Contribution Margin Ratio for the Company

Question 105

Multiple Choice

Winters Company sells three products. Sales and contribution margin ratios for the three products follow:
 Product A  Product B  Produet C  Sales in dollars $20,000$40,000$100,000 Contribution margin ratio 45%40%15%\begin{array} { l c c c } & \text { Product A } & \text { Product B } & \text { Produet C } \\\text { Sales in dollars } & \$ 20,000 & \$ 40,000 & \$ 100,000 \\\text { Contribution margin ratio } & 45 \% & 40 \% & 15 \%\end{array}
Given these data, the contribution margin ratio for the company as a whole would be:


A) 25%.
B) 75%.
C) 33.3%.
D) Cannot determine with the information given.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions