A Company Currently Sells Products Aye, Bee, and Cee in Equal

Multiple Choice

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

A) 27.5%
B) 45.3%
C) 47.4%
D) 68.4%