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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 costs
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 $506,800 278,740 $228,060 Dining Room Division $760,200 448,518 $311,682 Total $1,267.000 727,258 $539,742 (a) Your answer is correct. Determine the company's sales mix. (Round answers to 2 decimal places, e.g. 0.15.) Sales mix Bedroom Division 0.40 Dining Room Division 0.60 Determine the company's weighted average contribution margin ratio. (Round answer to 3 decimal places, eg. 0.157.) Weighted average contribution margin ratio
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