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Current Attempt Sheridan Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 80% for Sporting Goods and 20% for Sports

Current Attempt Sheridan Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 80% for Sporting Goods and 20% for Sports Gear, as determined by total sales dollars. Sheridan incurs $6640000 in fixed costs. The contribution margin ratio for Sporting Goods is 20%, while for Sports Gear it is 55%. The weighted average contribution margin ratio is O 70.00% O 95.00% O 48.00% O 27.00%

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