Jackson,Inc manufactures two products that it sells to the same market.Excerpted below are its budgeted and actual operating results for the year just completed:
Industry volume was estimated to be 1,875,000 units at the time the budget was prepared.Actual industry volume for the period was 2,440,000 units.Jackson measures variances using contribution margin.The weighted-average budgeted contribution margin per unit is:
A)$8.90.
B)$8.95.
C)$10.18.
D)$11.36.
E)$11.94.

Question

Jackson,Inc manufactures two products that it sells to the same market.Excerpted below are its budgeted and actual operating results for the year just completed: 
Industry volume was estimated to be 1,875,000 units at the time the budget was prepared.Actual industry volume for the period was 2,440,000 units.Jackson measures variances using contribution margin.The weighted-average budgeted contribution margin per unit is:
A)$8.90. 
B)$8.95. 
C)$10.18. 
D)$11.36. 
E)$11.94.

Quizplus · Accepted Answer

The Answer of Jackson,Inc manufactures two products that it sells to the same market.Excerpted below are its budgeted and actual operating results for the year just completed: 
Industry volume was estimated to be 1,875,000 units at the time the budget was prepared.Actual industry volume for the period was 2,440,000 units.Jackson measures variances using contribution margin.The weighted-average budgeted contribution margin per unit is:
A)$8.90. 
B)$8.95. 
C)$10.18. 
D)$11.36. 
E)$11.94.

Jackson,Inc Manufactures Two Products That It Sells to the Same