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Crane Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Bedroom Dining
Crane 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 Division Division Total Sales $503,200 $754,800 $1,258,000 Variable costs 266,696 445,332 712,028 Contribution margin $236,504 $309,468 $ 545,972 (a) Determine the company's sales mix based on sales revenue. (Round answers to 2 decimal places, e.g. 0.15.) Sales mix Bedroom Division Dining Room DivisionDetermine the company's weighted-average contribution margin ratio. (Round answer to 4 decimal places, e.g. 0.1578.) Weighted-average contribution margin ratio
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