Question - Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measure distance. Shown below are unit cost and sales data.
|
|
Pairs of shoes
|
Pairs of Gloves
|
Range-Finder
|
|
Unit sales price
|
$105
|
$29
|
$245
|
|
Unit variable costs
|
61
|
12
|
200
|
|
Unit contribution margin
|
$44
|
$17
|
$45
|
|
Sales mix
|
36%
|
42%
|
22%
|
Fixed costs are $621,432.
Required - Calculate weighted-average unit contribution margin.