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Guardian Furniture has three sales representatives: Archie, Bryce, and Camara. Archie sold 70 tables with 4 chairs each. Bryce sold 90 tables with 6 chairs
Guardian Furniture has three sales representatives: Archie, Bryce, and Camara. Archie sold 70 tables with 4 chairs each. Bryce sold 90 tables with 6 chairs each. Camara sold 80 tables with 8 chairs each.
1. Calculate the total contribution margin and the contribution margin ratio for each sales representative (round to two decimal places).
2. Which sales rep has the highest contribution margin ratio? Explain why.
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