Grantham Company sells two products, X and Y
For the coming year, Grantham predicts sales of 5,000 units of X and 10,000 units of Y. The contribution margins of the two products are $5 and $4, respectively. The weighted-average contribution margin is $6.50.
Indicate whether the statement is true or false
FALSE .Sales mix = 5,000:10,000 = 1:2
Total contribution per unit of the X and Y = ($5 x 1 ) + ($4 x 2 ) = $13
Weighted-average contribution margin per unit = $13 per unit / 3 units = $4.33
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