Business, 18.06.2020 20:57 cameronbeaugh

Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Bedroom Division Dining Room Division Total
Sales $500,000 $750,000 $1,250,000
Variable costs 225,000 450,000 675,000
Contribution margin $275,000 $300,000 $ 575,000
(a) Determine the company’s sales mix. (Round answers to 2 decimal places, e. g. 0.15.)
Sales mix
Bedroom Division
Dining Room Division
(b) Determine the company’s weighted-average contribution margin ratio. (Round answer to 2 decimal places, e. g. 0.15.)
Weighted-average contribution margin ratio

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Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The result...