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in Entrepreneurship by (35.6k points)

Nonika Ltd. manufactures two types of calculators, Basic Model and Scientific Calculators. The total fixed cost of entire operations is Rs. 1,40,000.

Basic Calculator (Per pcs) Scientific Calculator (per pcs)
Selling price per box (in Rs.) 370 575
Variable cost per box(in Rs.) 120 175
Sales Mix % 70 30

The weighted average contribution will be ......... 

a. Rs. 650 

b. Rs. 455 

c. Rs. 195 

d. Rs. 560

by (10 points)
Please send full calculation, why answer is 650. According to me answer is 295

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