The Frances Manufacturing Company sells two products, FRN and CES. FRN has a higher contribution margin ratio than CES. If the product mix shifts towards CES, the company's break-even point in total units (i.e., FRN plus CES) will increase.
Answer the following statement true (T) or false (F)
True
This statement is true. The weighted-average contribution margin will be less when the sales mix shifts to the lower profit product.
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