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Sheridan sells books, movies, and magazines to a wide customer base. In a typical month,...

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Accounting

Sheridan sells books, movies, and magazines to a wide customer base. In a typical month, about 40% of its sales volume is from books 40% from movies, and 20% from magazines. The selling price and cost information for each of these product categories is as follows. Selling price Variable cost/unit Books (a) $10 3 Movies $16 9 Magazines $6 In addition, Sheridan incurs facility and administrative costs that average $31,000 per month. 3 Weighted-average contribution margin $ A Find the weighted-average contribution margin per unit for this company. (Round answer to 2 decimal places, e.g. 15.25.) per unit
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Sheridan sells books, movies, and magazines to a wide customer base. In a typical month, about 40% of its sales volume is from book 40% from movies, and 20% from magazines. The selling price and cost information for each of these product categories is as follows. In addition, Sheridan incurs facility and administrative costs that average $31,000 per month. (a) Find the weighted-average contribution margin per unit for this company. (Round answer to 2 decimal places, es. 15.25.) Weighted-average contribution margin per unit

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