Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results...
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Accounting
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 | $ 501,200 | $ 751,800 | $ 1,253,000 | |||
| Variable costs | 255,612 | 443,562 | 699,174 | |||
| Contribution margin | $ 245,588 | $ 308,238 | $ 553,826 |
Determine the companys sales mix. (Round answers to 2 decimal places, e.g. 0.15.)
| Sales mix | ||
|---|---|---|
| Bedroom Division |
| |
| Dining Room Division |
|
Determine the companys weighted-average contribution margin ratio. (Round answer to 3 decimal places, e.g. 0.157.)
| Weighted-average contribution margin ratio | Enter weighted-average contribution margin ratio |
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