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Question - Johnny Shop produces three products. Cost, price and volume data is shown below.
Total fixed costs: $4894
Tax Rate: 30%
Product X
Product Y
Product Z
Normal volume
254
233
277
Price per unit
$3.8
$4.8
$4.6
Variable cost per unit
$1.3
$2.4
$1.7
Compute the weighted average contribution margin for Johnny shop?
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