Carter Co. sells two products, Arks and Bins. Last year Carter sold 14,000 units of...

50.1K

Verified Solution

Question

Accounting

Carter Co. sells two products, Arks and Bins. Last year Carter sold 14,000 units of Arks and 56,000 units of Bins.

Product Unit Selling Price Unit Variable Cost Unit Contribution Margin
Arks $120 $80 $20
Bins 80 60 40

What was Carter Co.'s weighted average unit contribution margin?

A. $24

B. $30

C.$36

D.$32

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students