ZTL Corporation Produces Three Products

question 126

Multiple Choice

ZTL Corporation produces three products. Cost, price, and volume data is shown below: Total Fixed costs $2,400
Tax rate 40%
Picture Candle CD
Holders Holders Holders
Normal volume 300 150 200
Price per unit $5 $7 $10
Variable cost per unit 2 3 4
The weighted average contribution margin ratio, rounded to the nearest whole percent, is:

• A)57%
• B)59%
• C)60%
• D)Some other number

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Definitions:

Automobile Risk Assessment

The process of evaluating the potential risks associated with insuring a particular vehicle, considering factors like model, age, and driver history.

Automobile Insurance

A policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident.

Payment

The transfer of money or goods in exchange for a product or service.