Saturday, May 26, 2012

1. What is the budgeted contribution margin per composite unit for the actual mix

ACCOUNTING

Multiple Choice

Edna’s Flowering Plants provides the following information for the month of May:


Actual Budget

Fuchsia Dogwood Fuchsia Dogwood

Sales in units 10,000 2,500 8,000 2,000

Contribution margin per unit $9 $7 $10 $8


What is the budgeted contribution margin per composite unit for the actual mix?

a. $8.00

b. $8.60

c. $9.00

d. $9.60

Click here for the SOLUTION

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