What is the budgeted contribution margin per composite unit

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Reference no: EM132547948

Archoid's Flowering Plants provides the following information for the month of May:

                                              Actual                                   Budget

                               Tulips       Geraniums         Tulips             Geraniums

Sales in units                4,800     4,500               4,950                    3,300

Contribution margin per unit $14       $20                 $10                     $22

Question 1: What is the budgeted contribution margin per composite unit for the actual mix? (Round any intermediary calculations two decimal places.)

Group of answer choices

Option 1: $15.80

Option 2: $15.64

Option 3: $16.36

Option 4: $14.80

Reference no: EM132547948

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