Question
Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Bedroom Division
Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are:
| Bedroom Division | Dining Room Division | Total | ||||
|---|---|---|---|---|---|---|
| Sales | $511,600 | $767,400 | $1,279,000 | |||
| Variable costs | 276,264 | 445,092 | 721,356 | |||
| Contribution margin | $235,336 | $322,308 | $ 557,644 |
Determine the companys weighted-average contribution margin ratio. (Round answer to 3 decimal places, e.g. 0.157.)
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Management Accounting In Health Care Organizations
Authors: David W. Young
3rd Edition
1118653629, 978-1118653623
