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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 $524,250 Dining Room Division $640,750 Sales 419,400 512,600 Variable costs Contribution margin $104,850 $128,150 Determine the company's weighted average contribution margin ratio. Weighted-average contribution margin ratio 45 %
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