Edge Inc.had two products-Le Chaud and Le Frais.Financial data for both the products follow:
It had two sale executives-Jack and Peter.Each of them sold a total of 1,500 units during the month of March,2015.Jack had a sales mix of 70% Le Chaud and 30% Le Frais.Peter had a sales mix of 60% Le Chaud and 40% Le Frais.Which sales representative has the highest contribution ratio? Explain the reason for your answer.(Round your percent answers to two decimal places.)

Question

Edge Inc.had two products-Le Chaud and Le Frais.Financial data for both the products follow:
  It had two sale executives-Jack and Peter.Each of them sold a total of 1,500 units during the month of March,2015.Jack had a sales mix of 70% Le Chaud and 30% Le Frais.Peter had a sales mix of 60% Le Chaud and 40% Le Frais.Which sales representative has the highest contribution ratio? Explain the reason for your answer.(Round your percent answers to two decimal places.)

Quizplus · Accepted Answer

The Answer of Edge Inc.had two products-Le Chaud and Le Frais.Financial data for both the products follow:
  It had two sale executives-Jack and Peter.Each of them sold a total of 1,500 units during the month of March,2015.Jack had a sales mix of 70% Le Chaud and 30% Le Frais.Peter had a sales mix of 60% Le Chaud and 40% Le Frais.Which sales representative has the highest contribution ratio? Explain the reason for your answer.(Round your percent answers to two decimal places.)

Edge IncHad Two Products-Le Chaud and Le Frais