The following information pertains to Q18 and 19 below. Es…
The following information pertains to Q18 and 19 below. EssilorLuxottica S.A. buys and sells two types of sunglasses in New York: Classic and Sport. Budgeted results for 2026 are as follows: Product Budgeted selling price Budgeted variable cost per unit Budgeted units sold Classic $30 $22 80,000 Sport $45 $33 120,000 EssilorLuxottica prepared its 2026 budget assuming a 10% market share based on total sunglasses sales of 2,000,000 units in New York. Actual total sunglasses sales in New York were 2,400,000 units. EssilorLuxottica’s actual total unit sales were 210,000 units. EssilorLuxottica’s budgeted composite contribution margin per unit for 2026 is:
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