Problemlambardi company sells 3 types of bags bag a sells, Ask an Expert

Finance

Problem:

Lambardi Company sells 3 types of bags. Bag A sells for $17 and has variable cost of $9.00 per unit.

Bag B sells for $12 and has variable cost of $12.00 per unit.
Bag C sells for $6 and has variable costs of $6.00 per unit. Lambardi sells in a mix of 2 units of A, 3 units of B and 5 units of C.

Required:

Question: What is the weighted average contribution margin per unit for Lambardi?

Note: Please provide equation and explain comprehensively and give step by step solution.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91174187

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