A multiproduct company has a sales mix of nine widgees to three squigees. Widgees have...
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Accounting
A multiproduct company has a sales mix of nine widgees to three squigees. Widgees have a contribution margin ration of 45 percent, and squigges have a contribution margin ratio of 80 percent. If the sales mix changes to six widgees to six squigees, will the comany have a higher o lower weighted average contribution margin ration
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