Asked by
Andrew Tapfumanei
on Nov 12, 2024Verified
What was Rusty Co.'s weighted average unit contribution margin?
A) $60.00
B) $20.00
C) $40.00
D) $22.50
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set, giving weight to some numbers more than others.
Unit Contribution Margin
The difference between the selling price per unit and the variable cost per unit.
- Gain an understanding of the contribution margin and calculate its value to appraise a business entity's profit-making capability.
Verified Answer
VM
Learning Objectives
- Gain an understanding of the contribution margin and calculate its value to appraise a business entity's profit-making capability.