Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Perighecy, inc. has two products - picture trames and candle holders. Financial data for both the products tollow. Penphecy has two sales representabves - Andrese

image text in transcribed
Perighecy, inc. has two products - picture trames and candle holders. Financial data for both the products tollow. Penphecy has two sales representabves - Andrese Nonak and Uu Wei. Each sales representative sold a total of 1,950 units curing the month of March. Andrew had a sales mix of 704s pieture trames and 30% cande holders. Lu had a sales mix of 60\% plcture trames and 40% candle holders. What is the contrbufion margin ratio for picture frames and candie holders, respectively? A. 47%,36% B. 7%,5% C. 54%,41% D. 46%. 69%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial And Managerial Accounting

Authors: Charles T Horngren, Jr Walter T Harrison

2nd Edition

0135080193, 9780135080191

More Books

Students also viewed these Accounting questions