Shanti,Inc.has two products-waffles and nachos.Financial data for both the products follows:
$\begin{array}{|l|r|r|}
\hline& \text { Waffles } & \text { Nachos } \
\hline \text { Sales price per unit } & \$ 500 & \$ 1,000 \
\hline \text { Variable manufacturing cost per unit } & 320 & 750 \
\hline \text { Sales commission ( } \% \text { of sales) } & 7 \% & 5 \% \
\hline
\end{array}$ Shanti has two sales representatives-Angela and Rose.Each sales representative sold a total of 1,500 units during the month of March.Angela had a sales mix of 70% waffles and 30% nachos.Rose had a sales mix of 60% waffles and 40% nachos.Which sales representative has the highest contribution ratio? Explain the reason for your answer.(Round your percent answers to two decimal places. )

Question

Shanti,Inc.has two products-waffles and nachos.Financial data for both the products follows:
 $\begin{array}{|l|r|r|} 
\hline& \text { Waffles } & \text { Nachos } \
\hline \text { Sales price per unit } & \$ 500 & \$ 1,000 \
\hline \text { Variable manufacturing cost per unit } & 320 & 750 \
\hline \text { Sales commission ( } \% \text { of sales) } & 7 \% & 5 \% \
\hline
\end{array}$ Shanti has two sales representatives-Angela and Rose.Each sales representative sold a total of 1,500 units during the month of March.Angela had a sales mix of 70% waffles and 30% nachos.Rose had a sales mix of 60% waffles and 40% nachos.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 Shanti,Inc.has two products-waffles and nachos.Financial data for both the products follows:
 $\begin{array}{|l|r|r|} 
\hline& \text { Waffles } & \text { Nachos } \
\hline \text { Sales price per unit } & \$ 500 & \$ 1,000 \
\hline \text { Variable manufacturing cost per unit } & 320 & 750 \
\hline \text { Sales commission ( } \% \text { of sales) } & 7 \% & 5 \% \
\hline
\end{array}$ Shanti has two sales representatives-Angela and Rose.Each sales representative sold a total of 1,500 units during the month of March.Angela had a sales mix of 70% waffles and 30% nachos.Rose had a sales mix of 60% waffles and 40% nachos.Which sales representative has the highest contribution ratio? Explain the reason for your answer.(Round your percent answers to two decimal places. )

Shanti,Inc Shanti Has Two Sales Representatives-Angela and Rose