A Product's Weighted Average Contribution Margin Per Unit Is Calculated

question 2

True/False

A product's weighted average contribution margin per unit is calculated by multiplying the contribution margin per unit by the % sales mix for that product.

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Definitions:

Transaction

An agreement between a buyer and a seller to exchange goods, services, or financial instruments.

Evidence

Information or details that provide proof or support for assertions, decisions, or beliefs.

New Account

An account that has been recently opened in the financial books of a business or an individual's newly established account with a financial institution.

Transaction

An event or agreement between two or more parties that has a financial impact on the business.