Ferguson Co. incurs $568,000 in fixed costs while producing three products with the following characteristics: $\begin{array}{llll}& \text { Sales Mix } & \text { Unit Contribution } & \text { Contribution } \
\text { Product } & \text { (Units) } & \text { Margin } & \text { Margin Ratio }\
\mathrm{T} & 5 & \$ 900 & 45 \% \
\mathrm{Q} & 3 & 600 & 40 \% \
\mathrm{R} & 2 & 400 & 35 \%
\end{array}$ What is the selling price of Product T?
A) $1,200
B) $1,143
C) $2,000
D) $1,500

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The Answer of Ferguson Co. incurs $568,000 in fixed costs while producing three products with the following characteristics: $\begin{array}{llll}& \text { Sales Mix } & \text { Unit Contribution } & \text { Contribution } \
\text { Product } & \text { (Units) } & \text { Margin } & \text { Margin Ratio }\
\mathrm{T} & 5 & \$ 900 & 45 \% \
\mathrm{Q} & 3 & 600 & 40 \% \
\mathrm{R} & 2 & 400 & 35 \%
\end{array}$ What is the selling price of Product T?
A) $1,200
B) $1,143
C) $2,000
D) $1,500

Ferguson Co What Is the Selling Price of Product T? A) $1,200

Ferguson Co What Is the Selling Price of Product T?
A) $1,200