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McGuire Corporation sells three products: R, S, and T. Budgeted information for the...

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Question

Accounting

McGuire Corporation sells three products: R, S, and T. Budgeted information for the upcoming accounting period follows.

Product Sales Volume (Units) Selling Price Variable Cost
R 17,400 $ 20 $ 11
S 13,400 16 10
T 55,200 17 12

The company's weighted-average unit contribution margin is:

Multiple Choice

  • $5.00.

  • $5.97.

  • $6.00.

  • $29.36.

  • None of the answers is correct.

Answer & Explanation Solved by verified expert
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