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What is the weighted-average contribution margin

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Question - Katie's Lemonade Stand sells lemonade, cookies, and brownies. It sold 15,000 units last year. Lemonade outsold brownies by a margin of 3 to 1. Sales of cookies were the same as sales of brownies. Fixed costs for the lemonade stand are $9,000.

Product Unit Sales Prices Unit Variable Cost

Lemonade $3.00 $1.00

Cookies $5.00 $3.00

Brownies $2.50 $1.50

Required - What is the weighted-average contribution margin at Katie's Lemonade Stand?

a. $2.00

b. $1.75

c. $1.80

d. $1.67

Reference no: EM132612295

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