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Calculate the weighted-average contribution margin

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Question - 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. $2.20 per drink

B. $1.35 per drink

C. $4.90 per drink

D. $1.63 per drink

Reference no: EM131704519

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