What is weighted-average contribution margin ratio

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Innova Discs has two divisions—Standard and Premium. Each division has hundreds of different types of golf discs and disc golf products. The following information is available: Standard Division Premium Division Total Sales $400,000 $600,000 $1,000,000 Variable costs 280,000 360,000 Contribution margin $120,000 $240,000 Total fixed costs $270,000 Reference: Ref 6-3 What is the weighted-average contribution margin ratio? A. 36% B. 50% C. 35% D. 34%

Reference no: EM131093147

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