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Guardian Furniture Company manufactures and sells cak tables and chairs Price and cost data for the fumiture follow (Click the loon to view the
Guardian Furniture Company manufactures and sells cak tables and chairs Price and cost data for the fumiture follow (Click the loon to view the price and cost data.) Guardian Furniture has three sales representatives: Ansley, Brandon, and Crystal Ansley sold 80 tables with 4 chairs each. Brandon soid 100 tables with 6 chairs each. Crystal sold 90 tables with 8 chairs each Read the requirements Requirement 1. Calculate the total contribution margin and the contribution margin ratio for each sales representative (round to two decimal places) Before calculating the total contribution margin, begin by identifying and calculating the total number of tables and chairs sold by each sales representative for the period Sales representative Ansley Brandon Crystal Tables sold Chairs per table Total chairs sold 320 600 720 Calculate the total contribution margin for each sales representative Sales representative Not sales revenue Variable costs Contribution margin Ansley Brandon Enter any number in the edit felds and then click Check Anewer 2 m remaining Crystal Data Table Tables Chairs Sales Price $ 700 $ 100 Variable manufacturing costs 469 12 Sales commission (8%) 56 B Requirements Print Done 1. Calculate the total contribution margin and the contribution margin ratio for each sales representative ground to two decimal places) 2. Which sales representative has the highest contribution margin ratio? Explain why Clear Al Print Done Check Answer Inc
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