Business, 31.07.2019 06:10 TombRaider167

Barclay enterprises manufactures and sells three distinct styles of bicycles: the youth model sells for $300 and has a unit contribution margin of $105; the adult model sells for $850 and has a unit contribution margin of $450; and the recreational model sells for $1,000 and has a unit contribution margin of $500. the company's sales mix includes: 5 youth models; 9 adult models; and 6 recreational models. if the firm's annual fixed costs total $6,500,000, calculate the firm's contribution margin ratio per composite unit (rounded to the nearest whole percentage).

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Barclay enterprises manufactures and sells three distinct styles of bicycles: the youth model sells...

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