Crane Company has two divisions; Sporting Goods and Sports gear. The sales mix is 55% for Sporting Goods and 45% for Sports Gear. Crane incurs $7059600 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports gear it is 50%. The weighted-average contribution margin ratio is

Crane Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 55% for ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. The weighted average contrib 41% 40%. 30%. 39%. Click if you would like to Show Work for this question: Open Show Work