Reference: 08-09
Fletcher Company has three products with the following characteristics: $$\begin{array} { | l | l | l | l | }
\hline & \text { Product A } & \text { Product B } & \text { Product C } \
\hline \text { Monthly sales in dollars } & \$ 60,000 & \$ 80,000 & \$ 100,000 \
\hline \text { Contribution margin ratio } & 20 \% & 40 \% & 16 \% \
\hline
\end{array}$$
-The overall contribution margin ratio for the company as a whole is (round your final answer to the nearest tenth of a percent):

Question

Reference: 08-09
Fletcher Company has three products with the following characteristics: $$\begin{array} { | l | l | l | l | } 
\hline & \text { Product A } & \text { Product B } & \text { Product C } \
\hline \text { Monthly sales in dollars } & \$ 60,000 & \$ 80,000 & \$ 100,000 \
\hline \text { Contribution margin ratio } & 20 \% & 40 \% & 16 \% \
\hline
\end{array}$$
-The overall contribution margin ratio for the company as a whole is (round your final answer to the nearest tenth of a percent):

Quizplus · Accepted Answer

The Answer of Reference: 08-09
Fletcher Company has three products with the following characteristics: $$\begin{array} { | l | l | l | l | } 
\hline & \text { Product A } & \text { Product B } & \text { Product C } \
\hline \text { Monthly sales in dollars } & \$ 60,000 & \$ 80,000 & \$ 100,000 \
\hline \text { Contribution margin ratio } & 20 \% & 40 \% & 16 \% \
\hline
\end{array}$$
-The overall contribution margin ratio for the company as a whole is (round your final answer to the nearest tenth of a percent):

Reference: 08-09 Fletcher Company Has Three Products with the Following

Reference: 08-09
Fletcher Company Has Three Products with the Following