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Problem:

Landa Company sells 3 types of umbrellas. Umbrella A sells for $20 and has variable cost of $9.00 per unit. Umbrella B sells for $17.00 and has variable cost of $12.00 per unit. Umbrella C sells for $9.00 and has variable costs of $6.00 per unit. Carlos sells in a mix of 2 units of A, 3 units of B and 5 units of C.

Question: What is the weighted average contribution margin per unit for Carlos? (please show your work step by step)

A. $5.20

B. $13.60

C. $10.00

D. $6.33

Note: Provide support for your rationale.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91148070

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