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Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Sales Variable
Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Sales Variable costs Contribution margin Bedroom Division Bedroom Division Dining Room Division $508,400 274,536 $233,864 Dining Room Division eTextbook and Media Total $762,600 $1,271,000 442,308 $320,292 Determine the company's sales mix. (Round answers to 2 decimal places, e.g. 0.15.) Sales mix 716,844 $ 554,156 Weighted-average contribution margin ratio Determine the company's weighted-average contribution margin ratio. (Round answer to 3 decimal places, e.g. 0.157.)
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