Lambert Company Sells Two Products-X and Y

question 209

Multiple Choice

Lambert Company sells two products-X and Y.Lambert predicts that it will sell 2,500 units of X and 2,000 units of Y during the next period.The unit contribution margins are $4.00 and $5.10,respectively.What is the weighted-average unit contribution margin?

• A) $4.49 per product
• B) $4.55 per product
• C) $5.10 per product
• D) $4.00 per product

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Definitions:

Class Inclusion

A cognitive ability, identified in Piaget's theory, to understand that a general category can encompass several subcategories.

Classification Ability

The capacity to organize objects, ideas, or information into categories based on common characteristics or criteria.

Animals

Multicellular, eukaryotic organisms in the kingdom Animalia (also called Metazoa), which are typically characterized by their ability to move, reproduce sexually, and consume organic material.

Conservation Abilities

Cognitive skills that enable a person to understand that certain properties of objects, like volume and number, remain the same despite changes in form or arrangement.