19. Chicago and Northwestern Corporation sells two products. Arks and Bins. Last

Question

19. Chicago and Northwestern Corporation sells two products. Arks and Bins. Last year Chicago and Northwestern Corporation sold 14.000 units of Arks and 56.000 units of Bins. Related data are: Product nit Selling Unit Variable Unit Contributiorn Price Cost Margin Arks Bins $80 $60 $40 $20 S 80 What was Chicago and Northwestern Corporation's weighted average variable cost? a. $140 b. $70 C. $64 d. $60 What was Chicago and Northwestern Corporation's weighted average unit contribution margin? 22. a. $24 b. $60 c. $92 d. $20

Explanation / Answer

Answer for 21)

My answer is option(c).this is how it is calculated:

[(14000 units×$80)+(56000 units×$60)]/[14000 units+56000 units]

=$64

Answer for 22)

My answer is option(a).this how it is calculated

[(14000units×$40)+(56000units×$20)]/[14000 units+56000units]

=$24

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