Family Furniture Co has two divisions bedroom division and dining room division The results of operations for the most recent quarter are as follows Bedroom Division Dining Room Division Sales $747,600 $320,400 Variable costs 448,560 256,320 Contribution margin $299,040 $64,080 Determine the companys weighted average contribution margin ratio

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Family Furniture Co. has two divisions: bedroom division and dining room division. The results of operations for the most recent quarter are as follows: Bedroom

Family Furniture Co. has two divisions: bedroom division and dining room division. The results of operations for the most recent quarter are as follows:

	Bedroom Division		Dining Room Division
Sales		$747,600		$320,400
Variable costs		448,560		256,320
Contribution margin		$299,040		$64,080

Determine the companys weighted-average contribution margin ratio.

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