Popeye's,a local convenience store,sells soft drinks.It sells two large drinks for every small drink.A large drink sells for $3.00 with a variable cost of $0.80.A small drink sells for $1.00 with a variable cost of $0.50.The weighted average contribution margin is ________.(Round any intermediate calculations and your final answer to the nearest cent. )
A) $1.35 per drink
B) $4.90 per drink
C) $1.63 per drink
D) $2.20 per drink
Correct Answer:
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