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Oriole Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: (b) Sales Variable costs Contribution margin (a) Bedroom Division Bedroom Division $504,800 Dining Room Division 262,496 Your answer is correct. $242,304 Dining Room Division eTextbook and Media $757,200 446,748 $310,452 Determine the company's sales mix based on sales revenue. (Round answers to 2 decimal places, e.g. 0.15.) Sales mix .40 Weighted-average contribution margin ratio Total .60 $1,262,000 709,244 $ 552,756 Attempts: 1 of 5 used Determine the company's weighted-average contribution margin ratio. (Round answer to 4 decimal places, e.g. 0.1578.)

Wildhorse Repairs has 200 auto-maintenance service outlets nationwide. It performs primarily two lines of service: oll changes and brake repair. Oil change-related services represent 70% of its sales and provide a contribution margin ratio of 20%. Brake repair represents 30% of its sales and provides a 40% contribution margin ratio. The company's fixed costs are $14,040,000 (that is, $70,200 per service outlet). Sales mix is determined based upon total sales dollars. (a) Your answer is incorrect. Calculate the dollar amount of each type of service that the company must provide in order to break even. (Use WeightedAverage Contribution Margin Ratio rounded to 2 decimal places e.g. 0.25 and round final answers to 0 decimal places, e.g. 2,510.)

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