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Ancestry Fumiture Company manufactures and sells oak tables and chairs. Price and cost data for the future follow. Click the icon to view the price and cost data) Ancestry Future has three sales representatives: A, Bryce, and Cory. Alsold inties with chairs each. Bryce sold 80 tables wth 6 chairseach. Cory sold 100 tables with 4 chairs each. Read the requirements Requirement 1. Calculate the total contribution margin and the contribution margin ratio for each sales representative found to two decimale ) Before calling 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 Tables sold Chairs per table Total chairs sold 6 Data Table Bryce Calculate the total contribution margin for each sales represent Sale Price Variable manufacturing costs Sales commission (5%) Net sales revenue Variable costs Contribution margin Done 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 Ancestry Fumiture Company manufactures and sells ook tables and chairs. Price and cont date for the furniture follow (Click the icon to view the price and cost data) Ancestry Furniture has three sales representatives: Al, Bryce, and Cory. Al sold tables with chairs each. Bryce sold 80 tables with 6 chairseach. Cory sold 100 tables with 4 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 chars sold by each sales representative for the period Sales representative: Tables sold Chairs per table Total chairs sold i Data Table A Bryce Cory 400 Chairs Calculate the lotal contribution margin for each sales representative Sales representative: Bryce Variable manufacturing costs Sales commission (5%) Net sales revenue Variable costs Contribution margin Done