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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
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 $ 500,000 $750,000 $1,250,000 Sales Variable costs 275,000 442,500 717,500 Contribution margin $225,000 $ 307,500 $ 532,500 Your answer is correct. Determine the company's sales mix based on sales revenue. (Round answers to 2 decimal places, e.g. 0.15.) . Sales mix Bedroom Division 40 Dining Room Division .60 eTextbook and Media * Your answer is incorrect. Determine the company's weighted-average contribution margin ratio. (Round answer to 4 decimal places, eg. 0.1578.) Weighted average contribution margin ratio .46 eTextbook and Media
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