Question
Calculate the total contribution margin and the contribution margin ratio for each sales representative(round to two decimalplaces). Before calculating the total contributionmargin, begin by identifying
Calculate the total contribution margin and the contribution margin ratio for each sales representative(round to two decimalplaces).
Before calculating the total contributionmargin, begin by identifying and calculating the total number of tables and chairs sold by each sales representative for the period.
Furniture has three salesrepresentatives: Albert
Albert, Brandon, and Camara. Albert sold 60 tables with 6 chairs each. Brandon sold 110 tables with 4 chairs each. Camara sold 100 tables with 8 chairs each
Sales Price
Tables$1,500
Chairs$80
Variable manufacturing costs
Tables 975
Chairs 12
Sales commission (5%)
Tables 75
Chairs 4
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