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 | $500,000 | $750,000 | $1,250,000 | |||
| Variable costs | 225,000 | 450,000 | 675,000 | |||
| Contribution margin | $275,000 | $300,000 | $ 575,000 |
(a) Determine the companys sales mix. (Round answers to 2 decimal places, e.g. 0.15.)
| Sales mix | ||
| Bedroom Division |
| |
| Dining Room Division |
|
(b) Determine the companys weighted-average contribution margin ratio. (Round answer to 2 decimal places, e.g. 0.15.)
| Weighted-average contribution margin ratio |
|
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Inside Accounting The Sociology Of Financial Reporting And Auditing
Authors: David Leung
1st Edition
1138251178, 9781138251175
