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

---

Definitions:

Patent Act

Legislation governing the rights of inventors to protect their inventions through the grant of patents, detailing the process of obtaining and enforcing patent rights.

Design Patent

A legal protection granted to the ornamental design of a functional item for a period of 15 years in the United States.

Nonobviousness

A criteria in patent law requiring an invention to be sufficiently inventive or not obvious to someone skilled in the field to be patentable.

Distinctive

Characterized by qualities that make something clearly different from others and easily recognizable.