Kennedy Co. sells two products, Arks and Bins. Last year, Kennedy sold 32,000 un
ID: 2420985 • Letter: K
Question
Kennedy Co. sells two products, Arks and Bins. Last year, Kennedy sold 32,000 units of Arks and 18,000 units of Bins. Related data are:
Unit Selling
Unit Variable
Unit Contribution
Product
Price
Cost
Margin
Arks
$80
$20
$60
Bins
120
40
80
Use the above given data to solve the following questions:
Refer to the information provided for Kennedy Co. What was Kennedy’s sales mix last year?
40% Arks, 60% Bins
43% Arks, 57% Bins
54% Arks, 46% Bins
64% Arks, 36% Bins
Unit Selling
Unit Variable
Unit Contribution
Product
Price
Cost
Margin
Arks
$80
$20
$60
Bins
120
40
80
Explanation / Answer
Ans:
64% Arks, 36% Bins
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