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Ivanhoe Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Bedroom Division

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Ivanhoe Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Bedroom Division Dining Room Division Total $502,400 $753,600 Sales Variable costs $1,256,000 715.920 271,296 444,624 Contribution margin $231,104 $308,976 $540,080 Determine the company's weighted-average contribution margin ratio. (Round answer to 4 decimal places, e.g. 0.1578.) Weighted-average contribution margin ratio

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