Question
Blossom Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Bedroom Division
Blossom 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 | $511,200 | $766,800 | $1,278,000 | |||
Variable costs | 265,824 | 444,744 | 710,568 | |||
Contribution margin | $245,376 | $322,056 | $ 567,432 |
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Your answer is correct.
Determine the companys sales mix based on sales revenue. (Round answers to 2 decimal places, e.g. 0.15.)
Sales mix | ||
---|---|---|
Bedroom Division | 0.40 | |
Dining Room Division | 0.60 |
Determine the companys weighted-average contribution margin ratio. (Round answer to 4 decimal places, e.g. 0.1578.)
Weighted-average contribution margin ratio | enter the weighted-average contribution margin ratio rounded to 4 decimal places |
Please show the work. I can not get the last segment i have made it bold.
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