London Company sells two products, red cups and black mugs. The company predicts that it...
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Accounting
London Company sells two products, red cups and black mugs. The company predicts that it will sell 2,400 red cups and 600 black mugs in the next period. The unit contribution margins for red cups and black mugs are $2.40 and $3.60, respectively. What is the weighted average unit contribution margin? (Round the final answer to the nearest cent.) A. $9.60 B. $2.64 C. $3.30 D. $0.72
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