Nelson Co. incurs $568,000 in fixed costs while producing three products with the following characteristics: Sales Mix Unit Contribution Contribution
Product (Units) Margin Margin Ratio
T 5 $900 45%
Q 3 600 40%
R 2 400 35%
What is the selling price of Product T?
A) $1,200
B) $1,143
C) $2,000
D) $1,500
Correct Answer:
Verified
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