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Current Attempt in Progress Crane Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent
Current Attempt in Progress Crane 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 Sales $510,000 $765,000 $1,275,000 Variable costs 280,500 443,700 724,200 Contribution margin $229,500 $321,300 $ 550,800 5% score reduction after attempt 2 (b) Determine the company's weighted average contribution margin ratio. (Round answer to 4 decimal places, e.g. 0.1578.) Weighted average contribution margin ratio e Textbook and Media
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