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Please help, Due tonight! 1) Determine the companys sales mix. (Round answers to 2 decimal places, e.g. 0.15.) Bedroom Division = Dining Room Division =
Please help, Due tonight!
Faune Furniture Co.consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Sales Variable costs Contribution margin Bedroom Division $500,000 275,000 $225,000 Dining Room Division $750,000 442,500 $307,500 Total $1,250,000 717,500 $532,500 1) Determine the companys sales mix. (Round answers to 2 decimal places, e.g. 0.15.)
Bedroom Division =
Dining Room Division =
2) Determine the companys weighted average contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.15.)
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