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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: Sales
Family Furniture Co. has two divisions: bedroom division and dining room division. The results of operations for the most recent quarter are as follows: Sales Variable costs Contribution margin Bedroom Division $500.000 250,000 $250,000 Dining Room Division $750,000 450,000 $300,000 Determine the company's weighted-average contribution margin ratio. % Weighted-average contribution margin ratio
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