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Popeye's,a Local Convenience Store,sells Soft Drinks

question 145

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Popeye's,a local convenience store,sells soft drinks.It sells two large drinks for every small drink.A large drink sells for $3.00 with a variable cost of $0.80.A small drink sells for $1.00 with a variable cost of $0.50.The weighted average contribution margin is ________.(Round any intermediate calculations and your final answer to the nearest cent. )


Definitions:

Smooth Muscle

A type of muscle tissue which is not under voluntary control, found in the walls of internal organs such as the digestive tract, blood vessels, and the bladder.

Cardiac Muscle

A kind of striated muscle that is involuntary and found solely in the heart, tasked with circulating blood throughout the body.

Isotonic Concentric Contraction

A type of muscle contraction where the muscle shortens as it contracts, maintaining constant tension.

Tension

The state of being stretched tight, often leading to stress or strain; in physics, it is the force that pulls materials apart.

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