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8 years ago
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.)
A) $2.20 per drink
B) $4.90 per drink
C) $1.63 per drink
D) $1.35 per drink
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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#2
8 years ago
This was certainly a tough question, loving the expertise
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#3
3 years ago
Thank you!
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