Essay
Petro Fertilizers Company sells two products,Quo-Eco and Quo-Pre,with a sales mix of 65% and 35%,respectively.Quo-Eco has a contribution margin per unit of $10,and Quo-Pre has a contribution margin per unit of $15.The company sold 1,000 total units in March.
Requirements:
a)Calculate the total contribution margin for the company.
b)Assume the sales mix shifted to 50% for each product,and calculate the total contribution margin for the company.
Correct Answer:
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a)
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Correct Answer:
Verified
\[\begin{array} { l l l l }
& \text ...
View Answer
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Get Access to more Verified Answers free of charge
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