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Brief Exercise 20-10 Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter
Brief Exercise 20-10 Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Bedroom Dining Room Total Sales Variable costs Contribution margin $508,000 242,000 $266,000 $759,000 $1,267,000 692,000 $ 575,000 450,000 $309,000 (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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