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Guardian Furniture Company manufactures and sells oak tables and chairs. Price and cost data for the furniture follow (Click the icon to view the price
Guardian Furniture Company manufactures and sells oak tables and chairs. Price and cost data for the furniture follow (Click the icon to view the price and cost data.) Guardian Fumiture has three sales representatives: Allen, Brad, and Cory. Allen sold 90 tables with eight chairs each. Brad sold 50 tables with six chairs each. Cory sold 100 tables with four chairs sach 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 Allen Tables sold Chairs per table Total chairs sold Brad Cory Requirements 1. Calculate the total contribution margin and the contribution margin ratio for each sales representative (round to two decimal places). 2. Which sales representative has the highest contribution margin ratio? Explain why. Print Done - Data table Sales Price Variable manufacturing costs Sales commission (10%) Tables Chairs $ 900 $ 100 675 10 90 10 Print Done
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