[The following information applies to the questions displayed below] Information for Pueblo Company follows: Sales Revenue Less: Total Variable Cost Contribution Margin Product A Product B $ 52,000 $ 10,000 $ 42,000 % $ 66,000 $ 18,320 $ 47,680 Required: Determine Pueblo's (overall) weighted-average contribution margin ratio. Note: Do not round intermediate calculations. Weighted average CM ratio

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management analysis
Section: Chapter Questions
Problem 16E
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[The following information applies to the questions displayed below.]
Information for Pueblo Company follows:
Sales Revenue
Less: Total Variable Cost
Contribution Margin
Weighted average CM ratio
Product A
$ 52,000
$ 10,000
$ 42,000
Required:
Determine Pueblo's (overall) weighted-average contribution margin ratio.
Note: Do not round intermediate calculations.
%
Product B
$ 66,000
$18,320
$ 47,680
Transcribed Image Text:Required information [The following information applies to the questions displayed below.] Information for Pueblo Company follows: Sales Revenue Less: Total Variable Cost Contribution Margin Weighted average CM ratio Product A $ 52,000 $ 10,000 $ 42,000 Required: Determine Pueblo's (overall) weighted-average contribution margin ratio. Note: Do not round intermediate calculations. % Product B $ 66,000 $18,320 $ 47,680
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