Edge Inc.had two products-Le Chaud and Le Frais.Financial data for both the products follow:
It had two sale executives-Jack Lynch and Peter Cho.Each executive 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
-What is the contribution margin ratio for Le Chaud and Le Frais,respectively?
A) 17%; 15%
B) 29%; 20%
C) 35%; 30%
D) 21%; 20%
Correct Answer:
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