Lilac industries sells two products. the sales mix of the product lines in terms of sales dollars is basic 40% and supreme 60%. the sales mix of the products in terms of units sold is basic 60% and supreme 40%. the contribution margin ratio of the basic line is 40% and the contribution margin ratio of the supreme line is 60%. lilac’s fixed costs are $1,248,000. what is lilac’s weighted-average contribution margin ratio?
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Lilac industries sells two products. the sales mix of the product lines in terms of sales dollars is...
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